China's National Financial Regulatory Administration published the Measures for the Information Disclosure Management of Asset Management Products of Banking and Insurance Institutions, setting a unified framework for information disclosure by asset management trust products, wealth management products and insurance asset management products to strengthen investor protection. Built on the principle of same business and same standards, the measures specify disclosure principles, responsibilities and obligations, common disclosure content and internal management requirements across the three product types. The framework systematises disclosure practices and requires institutions to fulfil fiduciary duties to safeguard investors’ rights to information and informed choice. The regulator will next guide banking and insurance institutions in implementing the measures.