China Securities Regulatory Commission, Tentative Provisions for the Administration of the Risk Control Metrics of Specific Client Asset Management Subsidiaries of Fund Management Companies

Main contents: A transitional arrangement under which the norms will be achieved gradually shall be adopted, according, on the whole, an 18-month transition period. However, within 12 months and 18 months after the issuance and implementation of the provisions, at least 50% and 100% of the set standards for each of the risk control norms shall be achieved respectively.