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Clifford Chance advises Insight Investment on access to China's bond market after further market opening

22 June 2016

Clifford Chance advises Insight Investment on access to China's bond market after further market opening

Leading international law firm Clifford Chance has advised Insight Investment, one of the UK's leading asset managers for pension funds, on its access to China's Inter-bank Bond Market (CIBM) under the new direct access regime introduced by PBOC's announcement 2016 No.3 issued in February.

This is the first batch of successfully registered overseas products following the new implementing rules released by PBOC on 27 May, and also indicates that the overseas institutional investors are able to enter the CIBM as permitted by PBOC's announcement 2016 No.3 issued in February. The settlement agent, HSBC China, completed the filing on behalf of Insight Investment.

Partner TieCheng Yang and counsel Yin Ge co-led on this matter and are currently advising other overseas institutions on accessing the CIBM. 

TieCheng said, "It has been very exciting for our team to assist Insight Investment with these new regulations liberalising China's bond market and demonstrates the outstanding regulatory expertise of our team. We expect an increasing number of eligible investors in due course, which will further facilitate access to CIBM."‎