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ARTICLE · 13 MAY 2011

RMB Funds - Shanghai's QFLP Pilot Program - An Update

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Shanghai's regulatory authorities officially launched the foreign invested private equity investment enterprise pilot program (the Pilot Program) with the issuance of the Implementing Measures on the Pilot Program of Foreign Invested Private Equity Investment Enterprises on 11 January 2011 (for more information, see (Legal Update: New Measures to Facilitate Foreign Investment in Funds and Fund Managers Registered in Shanghai).

ChinaFinance and Banking
Phill Smith
Phill Smith
Yong Ren
Yong Ren
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Originally published May 12, 2011

Keywords: RMB Funds, Shanghai, QFLP Pilot Program

Shanghai's regulatory authorities officially launched the foreign invested private equity investment enterprise pilot program (the Pilot Program) with the issuance of the Implementing Measures on the Pilot Program of Foreign Invested Private Equity Investment Enterprises on 11 January 2011 (for more information, see ( Legal Update: New Measures to Facilitate Foreign Investment in Funds and Fund Managers Registered in Shanghai).

The Pilot Programme permits qualified foreign invested private equity investment fund and fund management company pilot enterprises (pilot enterprises) to convert their foreign currency capital into RMB as capital contributions to RMB funds.

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