PE funds must have at least 10mn yuan under management to remain in operation. Firms with more than 2bn yuan under management will have to undergo regular stress tests.
May 7, 2023The mFund Settlement Service caters to unlisted managed funds. ASX is considering closing the service.
April 17, 2023Under its new two-year work programme, IOSCO will issue a consultation on crypto asset regulation in H1 2023, and on DeFi regulation in Q3.
April 6, 2023Electronic licensing forms for RA 13 will be available in Q3 2023. Depositaries operating in Hong Kong will then have four months to submit a licensing application.
March 27, 2023The proposals will enhance cyber and technology risk management requirements for key entities that underpin the US securities market.
March 17, 2023ASIC said the TMDs for three funds were “broadly drafted and failed to define key concepts” and did not meet the “appropriateness requirements” under the DDO regime.
March 17, 2023New Fitch report compares fund-level ESG regulatory developments across North America, Europe and Asia.
March 14, 2023Neuberger Berman and Fidelity International are launching new funds. AllianceBernstein won approval. UBS is planning to apply. VanEck is withdrawing.
March 6, 2023The DDQs are primarily designed for investors to evaluate investment and operational risks associated with allocations to digital asset investment funds.
March 1, 2023The platform will make it easier for firms to launch and administer digital investment funds, which may comprise crypto, tokenised securities and other digital assets.
February 23, 2023