Private funds finally given regulatory system

Fund management companies in China used to face a restrictive investment regime, especially as legislation did not cover privately raised funds. Amendments to the Securities Investment Fund Law have opened up the process

5 minute read January 25, 2013 at 02:09 AM

clpstaff

The Standing Committee of the National People's Congress passed the amendments to the Securities Investment Fund Law on December 28. They will come into effect in June this year.

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