China Securities Regulatory Commission, Tentative Provisions for the Oversight of Major Money Market Funds (Draft for Comments)

中国证券监督管理委员会重要货币市场基金监管暂行规定 (征求意见稿)

January 30, 2022 | BY

Susan Mok

Extra regulatory requirements imposed on large money market funds

Issued: January 14, 2022

Main contents: Where a money market fund satisfies any of the following conditions, the fund manager shall proactively report to the China Securities Regulatory Commission (CSRC) within 10 working days:

(1)        the net asset value of the fund exceeds RMB 200 billion for 20 consecutive trading days;

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]