The CSRC released the revised QFII and RQFII transaction settlement regulations

The Securities Regulatory Commission recently stated that in order to implement the "Administrative Measures for the Investment Investment Investment Investment Management Measures for Qualified Overseas Institutional Institution and Qualified Overseas Institutional Investors", the CSRC released the revised "About Overseas Institutional Investors and RMB qualified foreign institutional investors domestic securities domestic securitiesRegulations for transaction registration and settlement business ".Qualified overseas institutional investors and RMB qualified foreign institutional investors are referred to as QFII and RQFII, respectively.

CSRC information map

The main amendments to this provision include: First, incorporate the incorporate RMB qualified foreign institutional investors (RQFII) into the scope of applicable.Second, according to the requirements of cargo and banking, the specific provisions of China's settlement default disposal shall be modified according to the requirements of the reform situation, and the Chinese settlement is handled in accordance with the relevant business rules.Third, according to the actual work, adjust the record requirements for the third -party agreement on error transaction prevention and responsibility sharing.(Reporter Liu Hui)

[Editor in charge: Gu Yan]

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