May 03, 2024 09:34 AM

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CX Daily: China Signals Support for Private Funds With Toned-Down Rules

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New guidelines for regulating China’s private securities funds toned down certain requirements that had sparked controversy in an earlier draft version. Photo: VCG

New guidelines for regulating China’s private securities funds toned down certain requirements that had sparked controversy in an earlier draft version. Photo: VCG

Private funds /

China signals support for private funds with toned-down rules

New guidelines for regulating China’s private securities funds (PSFs) toned down certain requirements that had sparked controversy in a draft version of the rules, including the forced liquidation of small funds, in a sign that regulators are trying to curb risk without hamstringing the entire sector.

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