CSRC to Further Regulate the Valuation Measures of Securities Investment Funds
November 10, 2008 | BY
clpstaff &clp articlesHubert TseYuan Tai PRC [email protected] the September 12 2008, the China Securities Regulatory Commission (CSRC) promulgated the Guiding…
Hubert Tse
Yuan Tai PRC Attorneys
On the September 12 2008, the China Securities Regulatory Commission (CSRC) promulgated the Guiding Opinions on Further Regulating the Valuation Business of Securities Investment Funds (CSRC No.38 [2008]) (Guiding Opinions) to further regulate the valuation of securities investment funds, in particular, the valuation of investment products with no market price.
Article 1
According to factors such as whether there is a market, market price on the valuation date, and material change on the economic