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Unifying laws on private investment funds
October 13, 2014 | BY
clpstaffNew Measures have simplified the regime for private funds in China and enhanced the CSRC's authority. But key issues are left unresolved and confusion over the tripartite regulatory system remains a problem
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Recently the market applauded a new law regulating private funds, the Tentative Measures for the Regulation of Private Investment Funds (中国证券监督管理委员会私募投资基金监督管理暂行办法) (Measures), which were promulgated by the China Securities Regulatory Commission (CSRC) and entered into effect on August 21