China Securities Regulatory Commission, Measures on Trial Business of Asset Management for Specific Clients of Fund Management Companies
中国证券监督管理委员会基金管理公司特定客户资产管理业务试点办法
October 12, 2011 | BY
clpstaff &clp articlesEntry thresholds lowered for fund management companies engaging in dedicated asset management.
Promulgated: August 25 2011
Effective: October 1 2011
Applicability: These Measures apply to activities whereby a fund management company raises funds or accepts property from specific clients and acts as the asset manager, with a commercial bank acting as the asset custodians, and conducts securities investment using the entrusted property for the interests of the entrusting parties (Article 2).
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