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ARTICLE · 26 JULY 2023

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Regulatory Framework For Privately-Offered Investment Funds In China: Implications And Compliance

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This article examines the regulatory framework outlined in the "Regulations on the Supervision and Administration of Privately-Offered Investment Funds" in China.

ChinaFinance and Banking
Yuanmei Lu
Yuanmei Lu
Michael X.Y. Zhang
Michael X.Y. Zhang
Erica Li
Erica Li
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Introduction:

This article examines the regulatory framework outlined in the "Regulations on the Supervision and Administration of Privately-Offered Investment Funds" in China. It provides an overview of the new regulations and their implications for privately-offered fund managers, custodians, and service agencies. Understanding and complying with these regulations is essential for stakeholders in the Chinese investment fund industry.

The Regulation on Supervision and Administration of Privately-offered Investment Funds recently promulgated by the State Council, marks a significant milestone in the development of the privately-offered fund industry in China. The regulation, effective from September 1, 2023, aims to regulate the business activities of privately-offered investment funds, safeguard the rights and interests of investors, and promote a standardized and healthy industry landscape. This article provides an overview of the key provisions outlined in the

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