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What new regulations will the CSRC introduce affecting mutual fund houses by December 31, 2024?
2
Resolution / Starting Odds
Fee reductions • 25%
Restrictions on purchasing third-party services • 25%
Daily trade report requirements • 25%
Other • 25%
Official announcements from the CSRC or credible news sources like Financial Times or South China Morning Post
Story
China's CSRC Vows to Boost Investor Confidence Amid Increased Regulatory Scrutiny
Aug 26, 2024, 04:37 AM
The China Securities Regulatory Commission (CSRC), the country's top market regulator, is taking steps to boost investor confidence and deepen capital market reforms. At a recent symposium in Beijing, the CSRC emphasized its commitment to these goals. The Financial Times reports that mutual fund houses in China are facing increased regulatory scrutiny, including requirements to reduce fees and restrictions on purchasing third-party services. Additionally, fund managers must provide daily trade reports if net sales occur. The South China Morning Post notes that China has called on asset managers to support the stock market and inject confidence.
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Similar markets
Yes • 50%
No • 50%
Restrictions on F&O trading • 25%
New margin requirements • 25%
Removal of certain derivative products • 25%
All of the above • 25%
Yes • 50%
No • 50%
Positive Regulation • 25%
Neutral Regulation • 25%
Negative Regulation • 25%
No Change • 25%
Vanguard • 25%
BlackRock • 25%
Fidelity • 25%
Other • 25%
Positive Reaction • 25%
Neutral Reaction • 25%
Negative Reaction • 25%
Mixed Reaction • 25%
Increased regulation • 25%
Decreased regulation • 25%
New regulatory framework • 25%
No significant change • 25%
Stricter auditing standards • 25%
Increased penalties for auditors • 25%
Mandatory auditor rotation • 25%
Other • 25%