Study On Local Legislation Of Henan Province Private Eqity Fund

Since the construction of the Central Plains Economic Zone rose to national planning, in this area,private equity fund has also obtained rapid development. However, as a long hat agricultural big provincecompared with the developed areas relatively slow development of inland provinces, the development ofprivate equity fund management has also developed late, there exist a series of problems. In view of this,combined with China’s current "company law","trust law","partnership enterprise law","equityinvestment fund management approach" and the "Interim Measures for the administration of ventureinvestment enterprises","national development and Reform Commission on the promotion of equityinvestment enterprises to standardize the development of the notice","the national development andReform Commission Office Department on further specification of equity investment enterprises in pilotareas for development and management of the notice" the implementation situation in Henan province andthe private equity fund local legislation problems and implementation issues, conducted in-depthexploration of domestic and international experience. Emphasised that Henan province should first clearregulation and supervision principles in perfecting the legislation system of private equity funds. Makingthe leading principle in accordance with local economic characteristics. The principle, rule andsupplemented by the supervision mode, you need to develop a set of basic principles of supervision and onthis basis, develop with the local characteristics, specific principles in accordance with current situation ofthe development of local economy and private equity fund. Henan Province, Henan province economicdevelopment level is medium level, the income level of residents in Beijing, Shanghai and other placeswith a larger gap, investors lack the necessary professional knowledge. Therefore, the risk of Henanprovince private equity fund industry is relatively large, the investor qualification system, for thedelineation of "qualified investors" strict standards, and a review of the various links in the projectinvestment in private equity funds, the risk is not necessary.Henan province in the construction of a sound regulatory system at the same time, still need toemphasize the importance of industry associations, industry associations supervision duties entrustedcertain, the industry association should play interior modulation mechanism, improve the quality of products and services, maintain equal right and interests of enterprises, and promote private equity fundindustry’s sustained and healthy development, maintaining the financial order, promote the healthydevelopment of the local region economy.