# AMAC
Latest news and articles about AMAC
Total: 2 articles found

China’s Fund Managers Face Pay Overhaul as Beijing Mandates Long-Term Results
China’s AMAC has issued new guidelines requiring mutual fund companies to link executive and manager pay to long-term investment returns. The policy mandates that three-year performance metrics must constitute 80% of appraisals, focusing on actual investor profitability and compliance over short-term asset growth.

Chinese Regulator Cracks Down on Private Fund Firm, Bans Controller for Life and Levies Tens of Millions in Fines
China’s securities regulator has imposed heavy fines and lifetime market bans after finding serious violations at Zhejiang Ruifengda Asset Management and related private funds. The move forms part of a broader regulatory drive to curb illegal fundraising, asset misappropriation, self-dealing and other abuses in the private fund sector, with potential criminal referrals to public security authorities.