Overview of Onshore Custody Business for Asset Management in the People's Republic of China
24 January 2013
As the assets under custody for securities investment funds in China substantially increases, onshore custody business has also prospered. New regulations and de-regulation of existing rules have opened up more avenues for market access by a wider scope of participants acting as custodians, hence strengthening the potential for handling a much larger group of clients.
This briefing studies the eligibility requirements for market participants as custodians for some key investment management schemes and special roles they undertake, and further considers the implications on existing and prospective market players.