Wed, Oct 18, 2017
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. Regulatory - David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge, Carried interest tax: How much does it matter?, Odey sees 'terrifying' mix in MiFID, tapering, asset values, Hedge funds come together to share cost of MiFID and research, SEC turns up the heat on U.S. investment advisers, India's Sebi asks hedge funds to report investments in commodity derivatives[more]

    David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge From CNBC.com: David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the R

  2. North America - Puerto Rico rejects loan offers, accusing hedge funds of trying to profit off hurricanes[more]

    From TheIintercept.com: Puerto Rico has rejected a bondholder group's offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico's Fiscal Agency and Financial Advisory Authority said the offer was "not viable" and would harm the islan

  3. Investing - WPP targeted by short-selling American hedge fund, Sun co-founder sells secretive hedge fund on big chip trade[more]

    WPP targeted by short-selling American hedge fund From Cityam.com: An American hedge fund has mounted a bet against WPP, the world's largest advertising group, with a trade worth almost £90m. Lone Pine Capital has built a short position worth 0.51 per cent of the FTSE 100 company,

  4. Hedge funds up as industry adjusts to rising rates[more]

    Komfie Manalo, Opalesque Asia: Hedge funds have reshuffled their portfolio after nearly four weeks of rising rates as the Lyxor Hedge Fund Index was up +0.2% from 19 September to 26 (+1.1% YTD), fuelled by strong results of global macro funds, Lyxor Ass

  5. Manager Profile - How the world's hedge fund king used 'idea meritocracy' to become a billionaire[more]

    From Forbes.com: In 1982, Ray Dalio made what he calls the biggest mistake of his life. He made a bet that there would be an economic collapse stemming from a debt crisis. And he was wrong. He lost money. He lost his client's money. He had to let people go from his firm and borrow money from his dad