Promises Kept: The CSRC Opens the Door to Foreign Investment in Fund Management Companies

July 02, 2002 | BY

clpstaff &clp articles

The China Securities Regulatory Commission (the CSRC) has promulgated new regulations that provide a long-awaited basis1 for the creation of foreign invested fund management companies in China.

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By Walter HutchensAssistant ProfessorRobert H. Smith School of Business,University of Maryland

The new FI-FMC Establishment Rules reflect specific WTO accession commitments made by China in the financial services sector and