All posts tagged "mutual funds"
-
638IndiaSEBI Defers New Risk Management Norms for Mutual Funds
Mutual funds now have until 30 June to comply with new norms on liquid assets, sector exposures, and money market and debt securities valuations.
May 1, 2020 -
674Asia-PacificAustralia, NZ, China, Japan Get Low Grades on Fund Regulation, Tax
Australia, New Zealand, China, Japan are among the nations that have received the lowest scores on tax settings and regulatory regimes for the managed funds industry, according to a new Morningstar study.
May 1, 2020 -
667Capital RegulationRBI Expands Mutual Fund Liquidity Facility to All Banks
Initially, funding under the special liquidity facility for mutual funds was only available to banks that use the RBI's liquidity adjustment facility window.
May 1, 2020 -
221India
SEBI Extends Mutual Fund Deadlines for Lowering Unlisted Debt Holdings
Mutual funds will now have until 30 September to reduce their holdings of unlisted non-covertible debentures to 15% of assets, and until 31 December to reduce it to 10%.
April 30, 2020 -
298FeatureRBI Opens New Liquidity Facility for Mutual Funds
The move follows Franklin Templeton's decision to freeze and wind up six of its mutual funds amid intense redemption and liquidity pressures, prompting contagion fears across the sector.
April 27, 2020 -
1.1KIndia
SEBI Eases Mutual Fund Valuation Norms for Debt Securities
Valuation agencies need not consider payment delays and maturity extensions resulting from Covid-19 as defaults when valuing money market and debt securities held by mutual funds.
April 26, 2020 -
430ChinaCSRC Approves Credit Suisse Majority Control of Securities JV
The approval allows Credit Suisse to raise its stake in a joint venture with Founder Securities from 33.3% to 51%, making it the latest foreign firm to gain majority control of a domestic brokerage in China.
April 20, 2020 -
683ChinaCSRC Starts Accepting Licence Applications from US Fund Managers
BlackRock and Neuberger Berman applications to set up wholly-owned mutual fund units were accepted on the first day foreign ownership caps were scrapped in China.
April 2, 2020 -
1.2KChinaGoldman, Morgan Stanley Approved to Control China Securities JVs
The two US banks have approval to raise their stakes in their securities joint ventures to 51%. On 1 April, foreign ownership caps for securities firms and fund managers will be scrapped entirely.
March 30, 2020 -
564Asia-PacificBOT Establishes Liquidity Facility for Money Market, Fixed Income Funds
Money market and daily fixed income funds can obtain low-cost liquidity assistance from banks, which can in turn use fund units they buy under repurchase agreements as collateral for BOT liquidity.
March 25, 2020
