Structural Regulation

Structural Regulation

CSRC Approves Neuberger Berman China Fund Business

By Editors | 28/09/2021

Neuberger Berman becomes just the third foreign fund manager to be granted approval for a domestic mutual fund business after BlackRock and Fidelity.

Conduct, Culture & Accountability

Australia Funds Industry Prone to Conflicts of Interest

By Editors | 26/09/2021

A “long, complex value chain” of intermediaries between fund managers and retail investors raises the potential for conflicts of interest.

Trading & Investment

ICMA, NAFMII Publish Guidance on China Interbank Bond Market

By Editors | 26/09/2021

The guidance includes a handbook on investing in the CIBM, as well as a set of case studies to help foreign companies better understand panda bond issuance.

Structural Regulation

IFSCA to Establish International Arbitration Centre in GIFT City

By Ranamita Chakraborty | 24/09/2021

IFSCA chairperson Injeti Srinivas says the authority is close to setting up an International Arbitration Centre in GIFT City.

Conduct, Culture & Accountability

IMF Probes Kristalina Georgieva Over Data-Rigging Allegations

By Sanday Chongo Kabange | 24/09/2021

IMF managing director Kristalina Georgieva has denied involvement in alleged data irregularities to improve China’s “Doing Business” ranking.

Structural Regulation

ASIC Stresses Record-Keeping Obligation for New DDO Regime

By Ranamita Chakraborty | 24/09/2021

ASIC says it may request records from advice licensees and financial advisers to monitor compliance with the new design and distribution obligations.

Market Data & Technology

IBA Launches New RFR Indexes to Facilitate LIBOR Transition

By Editors | 24/09/2021

IBA has now launched RFR indexes for SOFR, SONIA, €STR and TONA, providing daily values that represent accrued compound interest.

Structural Regulation

New Beijing Exchange Sets Out Investor Eligibility Requirements

By Editors | 22/09/2021

Personal investors must have assets worth CNY 500,000 in securities and funds accounts, and at least two years of investment experience, to trade on the new exchange.

Trading & Investment

SEC Philippines Creates Office to Facilitate Capital Raising by SMEs

By Sanday Chongo Kabange | 22/09/2021

The new office will simplify capital raising, streamline registration processes, and promote SME-friendly underwriting and advisory programmes at FIs.