There is still the possibility of losing money in low-risk financial management. In the product risk warning, investors will be told what types of risks the product may face, which will lead to losses. Even if the risk is low, there is a probability of loss, and low-risk financial management of banks is also applicable. The risk of low-risk financial management is slightly higher than that of low-risk financial management, and there is also the possibility of loss.

According to the new asset management regulations, bank wealth management products are no longer guaranteed capital and interest, so banks do not have guaranteed capital wealth management products. However, savings deposits are not affected. Every bank's savings deposit is guaranteed capital and interest.

New regulations on wealth management and sales:

On May 27th, 20021,China Banking and Insurance Regulatory Commission, China issued the Interim Measures for the Administration of the Sale of Wealth Management Products by Wealth Management Companies (Order of China Banking and Insurance Regulatory Commission, China [202 1] No.4), which strengthened the management of the sales process of wealth management products, clarified a number of prohibited acts in the sales process of wealth management products, and effectively protected the legitimate rights and interests of investors. These Measures shall come into force on June 27th, 20021year.

The method is clear, financial product sales organizations and their sales personnel in financial product sales activities:

Do not mislead investors to buy financial products that do not match their risk tolerance; No false or one-sided publicity, no exaggeration of past performance, no prediction of investment performance of wealth management products, no announcement and publicity of expected rate of return of wealth management products; Do not confuse wealth management products with deposits or other products; Do not bind or forcibly bind other services or products in the sales process of wealth management products; Investors shall not be induced to make short-term and frequent purchase and redemption operations for the benefit of institutions or personnel; Wealth management products shall not be guaranteed directly or indirectly, explicitly or implicitly, including part or all of the promised principal or income.

The consignment agencies stipulated in the Measures are other financial companies and banking financial institutions that absorb public deposits at this stage, and professional institutions such as Internet platforms are temporarily unable to obtain consignment qualifications. This helps to maintain the continuity and stability of the sales system of wealth management products, and also helps investors to distinguish better. At the same time, this method prohibits the sale of private financial products to unspecified public, which also helps to further protect the legitimate rights and interests of investors.