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Clifford Chance

Clifford Chance


Tianjin Overhauls and Heightens Regulation for RMB PE Fund Industry (Chinese)

2 September 2011

In order to combat increasing fund-raising scams, the Tianjin municipal government has issued new measures to tighten the regulation of its RMB private equity funds, whether established by foreign or domestic managers. This briefing explains the background to Tianjin's regulatory overhaul, and highlights the broadened scope of application and the provisions on fund custodian and investor protection under the new measures.

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