A new JV will use blockchain-based technologies to provide an issuance-to-settlement network for Asia bonds, funds and sustainable finance products.
January 23, 2021The new office will handle pre-application consultation, registration and supervision, with all communications available in English.
January 21, 2021Each Hong Kong or Thai fund approved under the MRF scheme will have to appoint a firm in the other market to serve as its representative.
January 21, 2021The FSS said it will impose sanctions on companies identified as being engaged in such practices, including to refer cases for criminal prosecution as needed.
January 5, 2021The requirement replaces an earlier proposal for OFCs to maintain a significant controllers register, which was deemed too operationally burdensome.
December 24, 2020The HKMA consulted on local implementation of the standard in January 2019. The new consultation contains amendments reflecting industry feedback.
November 22, 2020ASIC's Karen Chester says insolvencies and macro forces could present greater liquidity challenges to fund managers and affect investors' ability to withdraw from funds.
November 21, 2020In a letter to the G20, the FSB outlines its key priorities for the year ahead, including work to address vulnerabilities in money market funds, open-ended funds, and bond markets.
November 18, 2020Publicly-offered securities investment funds will have to calculate impairment of financial instruments based on expected credit losses.
November 16, 2020The FSS has estimated that 160bn won of investor funds has vanished and only up to 15% of the remaining 350bn won could be recoverable.
November 12, 2020