Update on Fund Structures
Fund sponsors now have new legal forms to consider when structuring investment funds. This update highlights recent developments of note. Cayman Islands Limited Liability Company A long anticipated Cayman Islands Limited Liability Companies Law, 2016 came into force 8 July 2016. The registration of a limited liability company (“LLC”) will commence 13 July 2018. The LLC […]
Access to China Interbank Bond Market for Hong Kong Retail Funds
Up until mid-February 2016, foreign institutional investors accessing China onshore bonds through the China Interbank Bond Market (CIBM) would do so via the RQFII/ QFII regime, which is subject to specific restrictions and compliance requirements specifically on investment quota and repatriation. Access to CIBM was otherwise limited to foreign central banks or monetary authorities, RMB settlement […]