China – SAFE Foreign Investment Fund

China – SAFE Foreign Investment Fund

On 7 May 2020, CHI SAFE, CHI CB implemented regulations on the management of domestic securities and futures investment funds of overseas institutional investors.

  • Cancel investment quota limitations for QFII and RQFII, implement registration management for the cross-border remittance and exchange of qualified investors.
  • Implement integrated management of currencies, simplify procedures for remittance of domestic investment income, and remove the limitation on number of custodians.
  • Improve forex and investment risk management requirements, and supervision.
  • Also published consultation feedback, the vast majority of which have been adopted.