All posts tagged "custodian"
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201Australia & NZAustralia Issues Consultation to Finalise CCIV Regime
The CCIV regime will offer a more flexible and tax-efficient corporate structure for fund managers. The regime is targeted to commence from 1 July 2022.
September 1, 2021 -
100ChinaCSRC Grants Citigroup Approval to Launch Custody Business
The licence allows Citi to provide custody services for fund products issued by fund firms or other asset managers in China.
August 2, 2021 -
128Australia & NZAustralia: BT, Asgard Fined for Charging Fees for No Service
Westpac will pay A$3mn in civil penalties for BT Funds Management and Asgard Capital Management in proceedings commenced by ASIC in August 2020.
July 30, 2021 -
295AML / KYCHong Kong: GDF Warns Against Restricting Retail Investment in Crypto
The November FSTB proposal to only allow VASPs to offer services to professional investors could prompt retail investors to move to unlicensed platforms, GDF says.
February 16, 2021 -
367AML / KYCThailand to Introduce Rules for Digital Asset Wallet Providers
The SEC is concerned that digital asset wallets and custodian services could be used for drug offences and money laundering.
February 3, 2021 -
1.2KChinaChina Issues Draft Rules Easing Foreign Access to Bond Market
The rules simplify application procedures for foreign bond investors, unify rules governing various investment channels, and optimise remittance and foreign exchange operations.
September 4, 2020 -
1.3KFeatureMAS Sets Out Regulatory Approach for Payment Token Derivatives
MAS will regulate payment token derivatives offered by approved exchanges - i.e. SGX Derivatives, APEX, Ice Futures - but will not regulate such products offered by other entities.
May 18, 2020 -
760ChinaChina to Allow Foreign Banks’ Local Branches Fund Custody Licence
Under the trade agreement with the US in January, China committed to allowing branches of US financial institutions to provide fund custody services in the country within five months.
May 13, 2020 -
663IndiaSEBI Approves New Rules for Portfolio Managers
Among the rules are a higher net worth requirement for portfolio managers, a doubling of the minimum investment requirement for PMS funds, and mandatory appointment of a custodian.
November 23, 2019 -
1.3KFeatureSFC Details Rules for Virtual Asset Fund Managers
The SFC has published new requirements for virtual asset fund managers, relating to capital, best execution, liquidity and custody, among other areas.
October 7, 2019
