The British Council revokes the board of supervisors, which may become a trend in the future.

Recently, Yingda Fund announced the revocation of the Board of Supervisors and supervisors, becoming the first fund company in the public offering industry to revoke the Board of Supervisors. In the eyes of industry insiders, the revocation of the Board of Supervisors by fund companies is an internal institutional optimization within the framework of laws and regulations, but there are also deeper considerations behind it, which is to simplify work processes and reduce operational costs in the context of reducing costs and increasing efficiency. In the future, more fund companies may follow suit.