New Provisions for Corporate Governance of Fund Management Companies

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Under the new guidelines, will the interests of fund unitholders be protected? What are the responsibilities of directors and shareholders under these new guidelines?

In an effort to improve corporate governance in the funds management industry, the China Securities Regulatory Commission issued new guidelines to assess whether fund management companies meet the required benchmarks for sound corporate governance. Will the interests of fund unitholders be protected? What are the responsibilities of directors and shareholders under these new guidelines?

By Christophe Han, Charles Qin and Andrew Fu, Llinks Law Offices, Shanghai

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