Custody nail-biter over China QFII

Regulators are due to release final details for the scheme before it goes live on December 1 that will determine whether global custodians enter the market.

One runs a risk combining the words 'custody' and 'nail-biter' in the same headline, but nonetheless global custodian banks are on tenterhooks as they await final details from several Chinese regulators about their role in the new scheme to open A shares to foreign portfolio investors.

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