The Regulation on Trust Company Management is being revised for the first time in 18 years, and the trust industry market structure will undergo accelerated reshaping.

Recently, the China Banking and Insurance Regulatory Commission revised and issued the "Trust Company Management Measures," opening a new chapter after 18 years. Experts interviewed expressed that the Measures accurately meet the internal requirements of the current transformation and development of the trust industry, providing important institutional support for promoting the industry's high-quality development. The core essence of the Measures lies in driving trust companies to focus on their main responsibilities, based on the position of the beneficiaries, returning to the essence of "entrusted by others, managing assets for others." With the continuous improvement of risk prevention and control systems, the market structure of the trust industry will accelerate reshaping.