Clifford Chance
NDRC Continues to Spearhead the Regulation of Private Equity Funds in China
22 March 2011
To better regulate the private equity industry, the National Development and Reform Commission (NDRC) has issued new regulations on the filing and supervision of private equity funds of more than RMB500 million established in one of six permitted locations in China, including Beijing and Shanghai.
This briefing examines the evolution of NDRC's fund filing regime and how the latest regulations interact with existing and upcoming laws and regulations. It also studies issues relating to an equity investment enterprise including establishment, fund-raising, investment scope, risk management, information disclosure and filing procedures.
