ASIC is extending transitional relief provided under its new regulatory framework for foreign firms pending the outcome of the government’s announced reforms.
June 14, 2021The former director is being charged criminally for providing false information to auditors and falsifying the books of Global Merces.
June 2, 2021GFIT also announced a framework for green trade finance and published a roadmap to scale green finance in the real estate, infrastructure, fund management and transition sectors.
May 20, 2021The government has announced changes to the KiwiSaver default providers, among other changes to enhance the financial wellbeing of locals in retirement.
May 17, 2021The individual carried out fund management activities without holding a capital markets services licence, and later convicted of cheating and imprisoned.
May 10, 202120% of compensation of key AMC employees must be paid in the form of units of the mutual fund schemes in which they have a role or oversight.
May 5, 2021The two new licences are for firms that serve as intermediaries only for equity instruments, and for firms managing private funds.
March 17, 2021Discussions with asset managers and fund distributors may start by June to assess whether rules for mutual fund labels can guard against greenwashing.
March 4, 2021The minimum required capital will be raised from 100mn to 300mn won. Private equity funds with high leverage will need 500mn won.
February 4, 2021The SC is consulting on changes as part of ongoing efforts to strengthen market competitiveness and develop the Malaysian funds industry.
November 13, 2020