Stress testing should be conducted more regularly to assess the impact on fund liquidity and redemptions, and to pre-empt liquidity shortages before they occur.
April 13, 2020The deadlines for market participants to comply with regulatory requirements relating to submissions and training requirements have been extended.
March 23, 2020The former relationship manager used incomplete application forms pre-signed by the client to effect unit trust transactions without specific authorisation.
November 7, 2019Amended 'Code on Unit Trusts and Mutual Funds' to take effect in January with 12-month transition period. Proposals on classification of derivatives funds have been revised.
December 7, 2018A number of Hong Kong unit trusts are not eligible to be sold in the UK, where regulations require an independent trustee or custodian, according to a Fund Selector Asia report.
October 31, 2018The Variable Capital Company structure is aimed at boosting Singapore’s status as an full-service international fund management centre.
October 3, 2018The VCC – formerly S-VACC – will position Singapore to become a key fund domicile for fund managers and create opportunities for fund services providers.
September 11, 2018SFC’s new open-ended fund company (OFC) regime will allow investment funds to set up under corporate structures starting from 30 July 2018.
May 19, 2018