Singapore 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, 2022The new guidelines will take effect from 1 January 2023, requiring fund managers in Singapore to disclose more information for any retail funds sold with ESG label.
July 29, 2022Fund managers need to provide accurate and high-quality information to explain and support claims that their products incorporate non-financial factors.
July 29, 2022Under Chinese law, all companies are required to have a CCP unit, but this has so far not been widely enforced at foreign financial firms.
July 26, 2022Many securities firms are still using manual processes to transmit data used by fund custodians, managers and fund service institutions for valuation and accounting purposes.
July 26, 2022PE and VC funds will be able to distribute pre-IPO shares to investors for investee companies that end up listing on the stock market.
July 18, 2022Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022Under a new scheme, private pension funds can invest in mutual funds. Initially, only mutual funds with at least CNY 50 million of assets are eligible.
June 29, 2022