China’s measures to further encourage QDII investment

By Hubert Tse

Yuan Tai PRC Attorneys



Since the China Securities Regulatory Commission (CSRC), China Banking Regulatory Commission (CBRC) and the China Insurance Regulatory Commission (CIRC) issued the provisional Qualified Domestic Institutional (QDII) regulations in 2006/2007 allowing domestic banks, fund management companies (FMCs), trust companies, insurers and securities firms to undertake offshore investment under the landmark QDII program, international asset managers and financial institutions have since been busy looking to secure mandates from the QDIIs to advise them on their QDII investment worldwide.