The programme was launched in 2018 with $5bn to allocate to PE and infrastructure fund managers. The additional $1bn will go to global credit fund managers.
September 21, 2022The FSC will be able to dismiss board members of investment firms or revoke their business licences entirely if fund managers are involved in fraud.
September 20, 2022HashKey says it will be allowed to manage funds exclusively investing in virtual assets in compliance with the SFC’s regulations
September 14, 2022Responsible entities and trustees voluntarily took action once ASIC expressed concerns over their funds' marketing materials.
September 12, 2022The government will also dedicate resources towards providing training aimed at developing local ESG talent. Applications for a fintech subsidy scheme will open on 10 September.
September 7, 2022The utility will reduce manual steps, centralise processing, and facilitate reconciliation, thereby reducing settlement time and improving efficiency.
August 31, 2022A survey of 36 fund managers found that almost 70 percent are finding it difficult to hire non-local and non-mainland staff to work in Hong Kong due to Covid restrictions.
August 18, 2022Singapore has reportedly been welcoming more than a dozen investment funds every month under the VCC regime.
August 17, 2022Firms offering ESG products should expect to be subject to review to ensure marketing materials are not misleading.
August 12, 2022The XRB intends to finalise the standards in December 2022. New Zealand's first climate statements will be published in April 2024.
July 31, 2022