CSRC issues offshore accounts policy to fund managers

July 29, 2009 | BY

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Charles Qin and Desmond AnLlinks Law [email protected], [email protected] March 9, the Department of Fund Supervision of the China…

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Charles Qin and Desmond An
Llinks Law Offices
[email protected], [email protected]

On March 9, the Department of Fund Supervision of the China Securities Regulatory Commission (CSRC) issued the Reply for Opening Offshore Asset Management Business for Segregated Account by Fund Management Companies (the Reply) to Bank of Communications Schroder Fund Management.