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Landmark financial services delegation leaves for China
8th September 2008
The Investment and Financial Services Association is leading a landmark Australian financial services delegation to China from September 8 to 12.
The delegation aims to establish closer links between the Chinese and Australian financial services industries and to explore opportunities to cooperate and further strengthen existing industry and regulatory relationships.
The delegation comprises senior industry representatives as well as high level Government officials from the Treasury and Austrade.
“This delegation follows on from the important Qualified Domestic Institutional Investor (QDII) recognition agreement between Chinese Regulators and the Australian Securities and Investment Commission”, said IFSA CEO, Richard Gilbert.
“It is now up to the industry to make the most of the opportunities that have been created through this enhanced level of recognition of Australian financial services providers. IFSA members look forward to working collaboratively and successfully with the Chinese funds management industry and Regulators, as we seek to jointly maximise the benefits of the recognition.”
“There is much we can learn from the Chinese financial services industry and IFSA hopes that this delegation will be the start of a long and mutually beneficial relationship between our two industries”, Mr Gilbert concluded.
For further information please call Richard Gilbert on +61 417 247 998 or Simon Disney, Senior Manager, Media and Communications on +61 408 161 466