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Compliance Corner: China Securities Regulatory Commission, BlackRock

Editorial Staff

14 June 2021

Chinese regulators have granted US-listed asset management titan access to financial markets and build portfolios that can serve them throughout their lives. We look forward to sharing our global investment expertise and offering more differentiated investment solutions to Chinese investors,” Larry Fink, BlackRock’s chairman and CEO, said.

China is trying to widen access to its financial markets to foreign firms, even while the country is at odds with the US and other Western nations over areas such as trade, and claims and counter-claims about what caused COVID-19.

Among other foreign firms getting clearance, Amundi, the European asset manager, and Bank of China Wealth Management, have won approval from Chinese regulators to set up a joint venture.