Details on the SDRs were omitted from a new financial services bill outlined during the Queen’s Speech last week.
May 16, 2022Having three different rulebooks for investment products opens the door to inconsistent treatment, rule arbitrage, and confusion for issuers and investors.
April 29, 2022The relationship manager asked clients to pre-sign blank instruction forms so he could place trades for their accounts without having to inform them in advance.
March 30, 2022The review’s objectives are to assess intermediaries’ compliance with requirements to perform product due diligence, conduct suitability assessments and provide information to clients.
March 2, 2022Four Mayfair companies were fined a combined A$30mn for “deliberately" misleading investors into buying highly speculative and risky investment products.
December 24, 2021Under the changes, only a small group of more complex CIS would continue to be considered complex products and subject to additional disclosure requirements.
November 4, 2021Only investors with experience and knowledge of investment products and a high level of assets can invest in primary and secondary markets for SMEs.
September 17, 2021BlackRock is the first foreign asset manager to win approval to launch a wholly-owned mutual fund business in China.
June 12, 2021The guidance sets out how investor suitability and appropriateness tests should be carried out during the sales process.
June 4, 2021The fine comes two weeks after the CBIRC accused the bank of failing to fully disclose the risks of a private placement investment product to investors.
May 5, 2021