CSRC

CSRC Grants BlackRock Approval For Fully-owned Mutual Fund Unit

ByEditors, Regulation Asia Published on 31st August 2020 The approval makes the BlackRock the first foreign financial institution to receive approval to set up a wholly-owned mutual fund unit in China.  The CSRC (China Securities Regulatory Commission) has granted approval to BlackRock allowing it to set up a wholly-owned mutual fund unit in the country. BlackRock applied for a mutual...