China Securities Regulatory Commission, Measures for the Administration of the Sale of Securities Investment Funds (Revised)

中国证券监督管理委员会证券投资基金销售管理办法（修订）

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Foreign banks allowed to sell mutual funds in China.

Applicability: The term “sale of securities investment funds (Funds)” includes activities by Fund sales institutions such as publicity for, and promotion of, Funds, sale of shares of Funds and carrying out of the procedures for the purchase and redemption of shares of Funds. The term “Fund sales institutions” refers to Fund managers and other institutions recognised by the China Securities Regulatory Commission (the CSRC) (Article 2).

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