Mon, Jul 28, 2014
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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro