China Securities Regulatory Commission, Circular on Issues Relevant to Provisioning for Risk Reserves by Fund Management Companies

中国证券监督管理委员会关于基金管理公司提取风险准备金有关问题的通知

Issued: August 14 2006Effective: as of date of issueMain contents: Fund management companies shall provide for risk reserves from their fund management…

2 minute readSeptember 02, 2006 at 12:58 AM

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Issued: August 14 2006

Effective: as of date of issue

Main contents: Fund management companies shall provide for risk reserves from their fund management fee income each month. The provisioning percentage shall not be less than 5% of the fund management fee income.

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