Friday June 10 2016
News Source: Global Exchanges
Focus: Fixed Income
Type: General
Country: China
SAFE has announced rules to regulate foreign institutional investors investing in the domestic interbank bond market. The “People`s Republic of China Foreign Exchange Management Regulations” and the relevant provisions on foreign exchange control matters are hereby notified as follows:
- The notification referred to foreign institutional investors, which are consistent with “People`s Bank of China Announcement 2016” as commercial banks outside the People`s Republic of China in accordance with the law in which they are incorporated, insurance companies, securities companies, fund management companies and other asset managers and financial institutions.
- Foreign institutional investors to invest in the domestic interbank bond market should apply for registration.
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