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Citi obtains domestic fund custody licence in China

Citibank (China) Co. Ltd. (Citi China) received a domestic fund custody licence from the China Securities Regulatory Commission (CSRC). The domestic fund custody licence offered to Citi China allows the bank to provide custody-related services to mutual funds and private funds domiciled in the country, after it has passed an onsite inspection by the CSRC later this year. Citi is…

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