On September 11, 2020, the China Securities Regulatory Commission (“CSRC”) released the Provisions on Strengthening the Supervision of Private Equity Investment Funds (Draft) (the “Draft”) to solicit public comments until October 10, 2020. The Draft is intended to further strengthen regulation of the private equity investment funds industry. Six years after CSRC issued the Provisional Measures on Supervision and Administration of Privately-offered Investment Funds (effective August 21, 2014), this is the next chapter in the relevant requirements for the supervision of private equity funds in China.
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