CHINA: CSRC Consultation on the Regulation of Suitability Management for Securities and Futures Investors

Monday September 19 2016

News Source: Global Exchanges

Focus: Other

Type: General

Country: China

Link: http://www.szse.cn/main/files/2016/09/14/SZSE%20Market%20Bulletin%2012%20September%202016%20(Issue%2032).pdf

On 9th September 2016, the China Securities Regulatory Commission (CSRC) published for consultation, the Regulation of Suitability Management for Securities and Futures Investors. The regulation constructs multi-dimensional parameters for investor categorisation, specifies the baseline and relevant terms for structured products, and sets out the obligations of relevant firms during the entire investor suitability management procedure.

The regulation also emphasises the importance of protection for retail investors, strengthens the duties of regulators and underlines the enforcement of laws and regulations.

Click on the link above for further details.