Compliance
Compliance Corner: China, VS Partners

The latest compliance news: regulatory developments, punishments, guidance, permissions and new product and service offerings.
VS Partners, CSRC
Chinese regulators have granted the status of Qualified Foreign
Institutional Investor to VS Partners (Hong Kong), an
organisation providing outsourced chief investment office
services.
The firm won the QFII qualifications from the China Securities
Regulatory Commission.
“VS Partners is
among the early batch of offshore institutions that receive QFII
qualification after the new QFII regulation was implemented on 1
November 2020,” the firm said in a statement. “VS Partners' QFII
approval demonstrates that the domestic regulators are
encouraging forward-looking foreign institutional investors with
the capabilities of multi-market investment research, asset
selection and portfolio implementation to broaden and deepen
participation in the onshore capital markets.”
The new regulatory system is designed to widen the investable
universe by foreign institutional investors to
privately-distributed securities funds, futures, options,
securities margin trading, and other routes. To bring in more
non-domestic players, entry requirements have been loosened and
the review process has been made faster by Chinese
authorities.
VS Partners was founded in 2019 and is based in Hong Kong.