Custody is the act of commercial banks acting as an independent third party to provide asset storage and related services for various financial products and portfolios formed by special funds. In carrying out escrow business, commercial banks should adhere to the principles of honesty and credit, diligence, independence and prudence, and risk isolation to guarantee the independence of custodial assets. The Measures consist of five chapters and 49 articles, including general provisions, trusteeship duties, management requirements, supervision and administration, legal responsibilities, and supplementary provisions. The main contents include: First, clarifying the concept and basic principles of commercial bank escrow business. The second is to refine the responsibilities that commercial banks should assume in carrying out custodian business and consolidate the responsibilities of custodians. The third is to put forward basic requirements for commercial bank custodian business management and establish a sound governance structure. Fourth, clarify the supervisory authority's supervision, management, and legal responsibilities for commercial bank escrow business. Fifth, regulations are made on matters relating to the implementation of the measures, such as the transition period.

Custody is the act of commercial banks acting as an independent third party to provide asset storage and related services for various financial products and portfolios formed by special funds. In carrying out escrow business, commercial banks should adhere to the principles of honesty and credit, diligence, independence and prudence, and risk isolation to guarantee the independence of custodial assets. The Measures consist of five chapters and 49 articles, including general provisions, trusteeship duties, management requirements, supervision and administration, legal responsibilities, and supplementary provisions. The main contents include: First, clarifying the concept and basic principles of commercial bank escrow business. The second is to refine the responsibilities that commercial banks should assume in carrying out custodian business and consolidate the responsibilities of custodians. The third is to put forward basic requirements for commercial bank custodian business management and establish a sound governance structure. Fourth, clarify the supervisory authority's supervision, management, and legal responsibilities for commercial bank escrow business. Fifth, regulations are made on matters relating to the implementation of the measures, such as the transition period.