China issued measures for QFII and RQFII

On September 25, China Securities Regulatory Commission, the People’s Bank of China and the State Administration of foreign exchange issued the measures for domestic securities and futures investment of qualified foreign institutional investors and RMB qualified foreign institutional investors (the measures for QFII and RQFII), which will come into effect on November 1, 2020. The measures for QFII and RQFII and the supporting rules combine QFII and RQFII qualifications and system rules, relax access conditions, simplify application documents and shorten approval time; QFII and RQFII are allowed to invest in the new OTC market, private investment funds, financial futures, commodityRead More →

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