Tue, May 22, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Malta Financial Services Authority highlights facility for Maltese funds to sell to China

Monday, February 04, 2013

Beverly Chandler, Opalesque London: The January newsletter for the Maltese financial community from the Malta Financial Services Authority highlights the fact that Malta domiciled institutional investors licenced by the MFSA have the opportunity to sell investment funds to Chinese institutional investors.

The MFSA writes: "This is a result of a bilateral Memorandum of Understanding (MoU) on securities and futures regulatory cooperation signed on 26th January 2010 in Malta, with the MFSA and the China Securities Regulatory Commission (CSRC). A similar agreement was signed with the China Banking Regulatory Commission (CBRC). Chinese institutional investors must have a Qualifying Domestic Institutional Investor (QDII) status to be eligible to access the local market. The QDII status is a scheme relating to Chinese capital market outflows set up to allow authorised financial institutions of Chinese domiciliation to invest in overseas markets that hold a bi-lateral MoU with the Chinese regulatory Commission."

Useful information for Maltese firms includes:

  • Chinese institutional investors, including commercial banks, securities companies, fund companies, insurance companies and trust funds, must hold a QDII licence from the respective Chinese regulatory Commissions, namely China Security Regulatory Commission (CSRC); China Banking Regulatory Commission (CBRC); or China Insurance Regulatory Commission (CIRC). The Chine......................

    To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. News Briefs - Warren Buffett: Target date funds aren't the way to go, Cambridge Analytica could be reborn under a different name[more]

    Warren Buffett: Target date funds aren't the way to go Planning for retirement can be complicated and stressful. This is why target date funds - funds that are managed based on when you expect to retire - are so attractive. Over time, the balance of stocks, bonds and cash evolve automati

  2. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  3. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven