Soochow Securities Gets CSRC Approval for Fund Custody
Soochow Securities Co. , Ltd. announced it has received regulatory approval from the China Securities Regulatory Commission (CSRC) to act as a custodian for securities investment funds. The approval, granted in a recent official reply, enables the brokerage to expand into fund custody services, a move that broadens its business scope in the financial services sector.
Soochow Securities Co. , Ltd. announced that it has recently received an official reply from the China Securities Regulatory Commission (CSRC) approving its qualification to act as a custodian for securities investment funds. The approval, granted in the form of a formal reply, marks the company's entry into the fund custody business, allowing it to provide custody services for securities investment funds.