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China tightens rules on segregated account business

Authorities set out risk-control requirements and guidance for parent fund firms for their SA subsidiaries, a fast-growing segment that forms part of China's shadow banking industry.
China tightens rules on segregated account business

China’s funds industry watchdog has set out risk-control requirements for segregated account (SA) subsidiaries and provided guidance on fund houses’ responsibilities as controlling shareholders for the first time to better regulate this booming segment.

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