South Korean insurers recorded a combined loss of KRW 194.4 billion from overseas alternative investments due to the pandemic.
February 26, 2021The minimum required capital will be raised from 100mn to 300mn won. Private equity funds with high leverage will need 500mn won.
February 4, 2021The rules prohibit the use of private equity funds as vehicles for public fundraising, explicitly allowing them to only be offered to qualified investors.
January 14, 2021This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.
December 22, 2020China's regulators are working to further relax restrictions on cross-border investment and create new channels for domestic and foreign investors alike.
October 28, 2020Prosecutors are looking to determine whether the bank purchased privately placed bonds under Optimus’ request or instruction.
October 1, 2020The rules seek to address concerns that some private equity funds are being used as vehicles for public fundraising and qualified investor requirements are being circumvented.
September 17, 2020The revisions will further improve the conduct for fund sales and strengthen internal controls at fund sales institutions, the CSRC says.
September 6, 2020Company executives will be removed and designated administrators will take over their duties. Optimus is accused of fabricating depository statements sent to brokers.
July 1, 2020Accused of fabricating depository statements, Optimus Asset Management has suspended withdrawals from six feeder funds since last week, locking up 90bn won in investor money.
June 26, 2020