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RQFII pilot programme launched

Participants subject to strict supervision and disclosure requirements

Date: 21 December 2011

Keywords (click to search): RQFII Han Kun yuan Rmb internationalisation

On December 17, China’s securities regulator issued two new laws that launch a new pilot programme allowing overseas investors to invest in the Mainland’s capital markets using renminbi (Rmb) capital raised offshore.

The China Securities Regulatory Commission (CSRC) released the Trial Measures on Securities Investments in China by Renminbi Qualified Foreign Institutional Investors of Fund Investment Companies and Securities Companies(基金管理公司、证券公司人民币合格境外机构投资者境内证券投资试点办法) (the Measures) and the Provisions for the Implementation of the 《Trial Measures on Securities Investments in China by Renminbi Qualified Foreign Institutional Investors of Fund Investment Companies and Securities Companies》(关于实施《基金管理公司、证券公司人民币合格境外机构投资者境内证券投资试点办法》的规定) (the Provisions). ...

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