The new unit will be the second futures business in China to be wholly owned by a foreign bank, after JPMorgan Chase won a similar approval in 2020.
May 29, 2023SEBI’s proposed measures aim to increase transparency regarding the costs borne by mutual fund investors.
May 23, 2023SEBI proposes to allow NBFCs, insurance companies, and mutual funds to directly participate in the tri-party repo segment of the corporate bond market.
May 20, 2023SEBI said AIFs should ensure onboard investors who approach them through a SEBI-registered intermediary are onboarded via direct plan.
April 11, 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, 2023Some mutual funds are leading investors to believe they will receive fixed returns, and projecting high returns based on past performance.
March 8, 2023Neuberger Berman and Fidelity International are launching new funds. AllianceBernstein won approval. UBS is planning to apply. VanEck is withdrawing.
March 6, 2023The BRSR framework will be enhanced to require assurance on ESG disclosures. SEBI also proposes mandatory requirements for ESG rating providers.
February 24, 2023Consultation paper sets out the core responsibilities of mutual fund trustees and proposes to make the boards of AMCs more accountable.
February 16, 2023Morgan Stanley Investment Management becomes the 7th foreign firm approved to fully own a domestic mutual fund business.
February 7, 2023