Clifford Chance

The RMB Qualified Domestic Institutional Investor program suspended

11 December 2015

The People's Bank of China (PBOC) has reportedly suspended the RMB Qualified Domestic Institutional Investor (RQDII) program through "window guidance".  The RQDII program was first introduced by PBOC pursuant to the Circular on Issues Concerning Overseas Investment by RMB Qualified Domestic Institutional Investors, promulgated on 5 November 2014 (RQDII Circular).

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