Private equity and hedge fund managers will need at least CNY 10 million in paid-in capital to operate, about five times more than the existing requirements.
March 1, 2023The voluntary guidelines are intended to help asset managers assess and disclose the impacts of climate risks on their portfolios.
January 17, 2023The services will initially allow online submissions of applications for two types of licenses. Full e-licensing services will launch in Q1 2023.
October 15, 2022Under the proposed rules, large hedge funds and PE funds would have to report their crypto exposures for the first time.
August 12, 2022The CSRC has vowed to stabilise domestic capital markets, among other regulatory priorities for the second half of the year.
August 4, 2022Banks are asked to provide financing support for government highway projects and optimise the repayment arrangements for such projects.
April 28, 2022The SEC proposes more principle-based and flexible requirements for the establishment of new funds and in the investment decision process.
August 17, 2021Fidelity has become the second global asset manager to receive approval to set up a fully-owned mutual fund business after BlackRock.
August 8, 2021Many financial firms may be offering ESG products only because it is lucrative to do so, says SEC commissioner Hester Peirce.
April 15, 2021BlackRock has withdrawn its private fund manager registration to pave the way for the launch of its new wholly-owned mutual fund unit in China.
April 7, 2021