The China Securities Regulatory Commission issues the "Private Equity Fund Information Disclosure Supervision and Administration Measures"

The China Securities Regulatory Commission issued the 《Measures for the Supervision and Administration of Information Disclosure by Private Investment Funds》, which will take effect on September 1, 2026. The measures consist of seven chapters and forty-four articles. The main contents include strengthening the information disclosure responsibilities of private fund managers and private fund custodians, regulating information disclosure conduct of private funds, improving the transparency of the operation of private funds, and protecting the lawful rights and interests of investors. The measures require establishing and improving information disclosure management systems, clarifying information disclosure cooperation obligations, strengthening requirements for the management of non-public information and the preservation of materials, and imposing administrative penalties on illegal conduct. Next, the CSRC will strengthen supervision and regulation of information disclosure conduct to promote the standardized and healthy development of the private fund industry. (CSRC)