All posts tagged "funds"
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540ESG / SustainabilityIOSCO Seeks to Build Trust in Sustainability Reporting
IOSCO's 2022 work plan for sustainable finance focuses on assurance, carbon markets and reporting standards.
March 16, 2022 -
827FeatureBest Execution Requirements Come into Force in Singapore
MAS finalised the best execution requirements in September 2020, giving firms an 18-month transitional period for compliance.
March 8, 2022 -
727EnforcementKorean Broker and Bank Penalised Over Optimus Mis-selling
NH Investment & Securities cannot sell new private equity funds for three months. Hana Bank cannot be appointed as a fund trustee for three months.
March 4, 2022 -
501PhilippinesPhilippine SEC Proposes Draft Rules For Umbrella Funds
Investment companies will be allowed to operate umbrella funds as long as they create at least two sub-funds, which segregated assets and liabilities.
February 22, 2022 -
689Securities / DerivativesTaiwan to Finalise Risk Management Rules for Futures Trust Companies
Futures trust companies are required to set up dedicated risk management departments with "adequate and competent" full-time personnel by 31 December.
February 12, 2022 -
544Australia & NZAustralia: Senate Committee Recommends Quick Passage of CCIV Bill
The Senate Economics Committee acknowledged "overwhelming support" for the CCIV legislation and recommended it be passed "as soon as practicable".
February 8, 2022 -
714AML / KYCPreparatory Work to Implement Basel III is Progressing: HKMA
The HKMA will submit legislative amendments in early 2023 to implement the Basel III final reforms, which will take effect from 1 July 2023.
February 1, 2022 -
1.4KESG / Sustainability
MAS to Issue New Anti-Greenwashing Rules for ESG Funds
Greenwashing poses a "real and present danger" to industry efforts to advance sustainability considerations in their investment processes.
February 1, 2022 -
459Market InfrastructureBSP Introduces Multiple Batch Settlement to PESONet
The change increases PESONet's daily batch settlement to two cycles, enabling better risk management for FIs and greater convenience for customers.
January 27, 2022 -
503Asia-PacificNew Zealand FMA Approves First Passport Fund Under ARFP
NZX-owned Smartshares Limited has become the first fund manager to be approved under the Asia Region Funds Passport scheme.
January 26, 2022
