Banks are asked to provide financing support for government highway projects and optimise the repayment arrangements for such projects.
April 28, 2022The SEC proposes more principle-based and flexible requirements for the establishment of new funds and in the investment decision process.
August 17, 2021Fidelity has become the second global asset manager to receive approval to set up a fully-owned mutual fund business after BlackRock.
August 8, 2021Many financial firms may be offering ESG products only because it is lucrative to do so, says SEC commissioner Hester Peirce.
April 15, 2021BlackRock has withdrawn its private fund manager registration to pave the way for the launch of its new wholly-owned mutual fund unit in China.
April 7, 2021The revisions will enhance oversight and risk assessment of private equity funds, and prevent illiquid funds from being marketed to retail investors.
October 2, 2020iFAST Corporation expects to start selling private funds to qualified onshore individual and institutional investors in China in early 2021.
September 29, 2020The SFC will remove investment restrictions, expand custodian eligibility requirements, and introduce a statutory re-domiciliation mechanism.
September 3, 2020The approval makes the BlackRock the first foreign financial institution to receive approval to set up a wholly-owned mutual fund unit in China.
August 31, 2020The FSS reportedly wants to determine why redemptions in some structured notes linked to Singapore trading firms have been frozen.
August 10, 2020