fund - Regulation Asia

Mirae Asset Sues Shinhan Over Lime Fund Losses

Shinhan Bank has separately been ordered to repay up to 75 percent of investments it sold in Lime's credit insured funds.

Listed companies in Bangladesh have unclaimed cash and stock dividends worth about $2.5bn, which will be used to support the capital market.

The fund is expected to serve as a stepping stone for the establishment of a more vibrant corporate restructuring ecosystem, the FSC said.

The government will act as a subordinate investor, meaning that it (namely, taxpayers) will absorb up to 10 percent of any possible losses first.