Circular issued by the people's Bank of China and the State Administration of Foreign Exchange on the regulations on the Management of funds invested by Foreign Institutional investors in China's Bond Market (draft for soliciting opinions)

Published: Sep 21, 2020 20:09

Save

[circular issued by the people's Bank of China and the State Administration of Foreign Exchange on the regulations on the Management of funds for Foreign Institutional investors investing in China's Bond Market (draft for soliciting opinions)]: in order to promote the overall opening of China's bond market, unify the fund management of foreign institutional investors investing in China's bond market, and further facilitate investment transactions, The people's Bank of China and the State Administration of Foreign Exchange drafted the regulations on the Management of funds invested by Foreign Institutional investors in China's Bond Market (draft for soliciting opinions), which are now open to the public for comments.

SMM: in order to promote the overall opening of China's bond market, unify the fund management of foreign institutional investors investing in China's bond market, and further facilitate investment transactions, the people's Bank of China and the State Administration of Foreign Exchange have drafted the regulations on the Management of funds for Foreign Institutional investors investing in China's Bond Market (draft for soliciting opinions), which are now open to the public. The public can give feedback through the following channels:

First, send comments to: hbhz@pbc.gov.cn or zb-sc@mail.safe.gov.cn by email (the title of the email should be marked with the words "public solicitation of opinions on fund management regulations").

Second, send your comments by letter to: 6A04, A, International Enterprise Building, 35 Financial Street, Xicheng District, Beijing (postcode: 100032) or Capital Markets Office, Capital account Management Department, State Administration of Foreign Exchange, Huarong Building, 18 Fucheng Road, Haidian District, Beijing (postcode: 100048), and please indicate on the envelope the words "Capital Management regulations for Public consultation".

Third, fax your comments to: 010-66016463;

010-68402349.

The deadline for feedback is October 20, 2020.

Annex 1: regulations on the Management of funds invested by Foreign Institutional investors in China's Bond Market (draft for soliciting opinions) .docx

Annex 2: draft regulations on the Management of funds for Foreign Institutional investors investing in China's Bond Market (draft for soliciting opinions) .docx

People's Bank of China

State Administration of Foreign Exchange

September 21, 2020

Economy production capacity Finance Ministry of Commerce

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

Rio Tinto Ends Takeover Talks with Glencore Again

On February 5th, Rio Tinto said it is no longer in takeover talks with Glencore after the parties failed to agree on terms that would deliver value to Rio shareholders, marking the third time such discussions have fallen apart (following failed approaches in 2014 and 2024). Glencore said the proposed structure— including Rio retaining the Chairman and CEO roles and a pro forma ownership split—significantly undervalued Glencore’s relative contribution, and therefore was not in Glencore shareholders’ interests. Following the announcement, Glencore shares fell as much as 10.8% while Rio’s London-listed shares were down around 2.6%. Reuters noted the setback echoes other stalled mega-deals in the mining sector, such as BHP’s failed bid for Anglo American.

3 hours ago

7 hours ago

SMM Chinese New Year Holiday Survey on Processing Enterprises in 2026—Enamelled Wire

As the Chinese New Year break approaches, the holiday schedules and production plans of enamelled wire enterprises have been largely finalized. SMM has surveyed multiple enamelled wire manufacturers, and the results are summarized as follows:

7 hours ago

8 hours ago

What Are Brass Bar Enterprises' Expectations After the Chinese New Year?

[SMM Brass Billet Bar] Regarding post-holiday production resumptions, brass bar enterprises generally expect a slow recovery in market demand. In the initial phase of production resumptions, the focus will be on digesting existing inventory and fulfilling a small number of orders. Large-scale raw material procurement and production are expected to be postponed until after the Lantern Festival.

8 hours ago