RQFII pilot programme launched
February 07, 2012 | BY
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China's securities regulator issued two new laws on December 17 that launch a new pilot programme allowing overseas investors to invest in the Mainland's capital markets using renminbi (Rmb) capital raised offshore.
The China Securities Regulatory Commission (CSRC) released the Trial Measures on Securities Investments in China by Renminbi Qualified Foreign Institutional Investors of Fund Investment Companies and Securities Companies (基金管理公司、证券公司人民币合格境外机构投资者境内证券投资试点办法) (the Measures) and the Provisions for the Implementation of the (关于实施《基金管理公司、证券公司人民币合格境外机构投资者境内证券投资试点办法》的规定) (the Provisions).