China Proposes Tighter Rules on Private Fund Investments
China’s securities regulator has published a proposal which would significantly tighten eligibility requirements for private fund investors and oversight over fundraising practices.
In the News: Stringent Private Funds Rules; Anti-Corruption Law’s Global Reach; and SPC Clarifies AI Liability Rules
Proposed new rules will tighten private fund investor eligibility and transaction oversight | China’s legislature reviews draft law extending the reach of anti-corruption laws beyond its borders | The Supreme People's Court issues its first judicial guidelines to clarify liability for AI-related disputes and protect civil rights
By Jeffrey Tse