All posts tagged "funds"
-
448EnforcementSFC Fines HSBC Units for Cash Management Failures at Funds
The identified concerns have all since been rectified, and the two units have agreed to pay over $430,000 into the affected funds, on top of a $451,000 fine from the SFC.
April 7, 2020 -
602FeatureSFC Steps Up Scrutiny of Fund Industry Amid Recent Volatility
The SFC reminds managers, trustees, custodians and intermediaries of funds to look out for clients interests amid "unprecedented volatility across asset classes".
March 27, 2020 -
473FeatureHKEX Sets Tentative Launch Dates for VCM, POS Enhancements
The volatility control mechanism will be expanded to over 500 stocks in May 2020. The enhanced pre-opening session for stocks and listed funds will be introduced in October 2020.
March 9, 2020 -
579ChinaChina: Fees Hinder Entry of Foreign Distressed Debt Funds – Report
Offshore funds have to rely on accounting and law firms throughout the three- to four-year life cycle of a transaction in China, at cost of up to 15% of the transaction's value.
February 18, 2020 -
658Fintech / RegtechIOSCO Highlights Debt Market Concerns in Annual Work Programme
The 2020 work programme provides an update on five existing priorities and an overview of planned work on a new priority - corporate debt and leveraged loans.
January 31, 2020 -
543Hong Kong
SFC Provides Licensing Guidance for PE Firms, Family Offices
The SFC has issued two circulars clarifying how licensing obligations apply to the activities of PE firms and family offices in Hong Kong.
January 8, 2020 -
472AML / KYC
SFC Proposes Enhancements to OFC Regime
The changes include a mechanism for overseas corporate funds looking to re-domicile in Hong Kong. OFCs will also have to keep a register of beneficial shareholders.
December 23, 2019 -
537International
IOSCO Unveils Framework for Monitoring Leverage-related Risks in Funds
IOSCO has developed a framework for monitoring leverage across all types of investment funds globally, to help regulators assess leverage-related risks that can undermine financial stability.
December 16, 2019 -
762FeatureHKMA Warns FIs Against Churning Investment Funds for Clients
The HKMA has issued new guidance aimed at preventing, detecting and mitigating misconduct risks at financial institutions in the selling of investment funds.
November 25, 2019 -
417Australia & NZAPRA Launches Superannuation Data Transformation Project
The initiative aims to drive better industry practices, enhance the consistency of reported data, and make it easier to compare fund and product performance.
November 8, 2019
