Singapore-based Fullerton Fund Management has received a license to invest in China’s domestic securities market.
Category: Regulation
HK US conclude FATCA talks sign pact
Hong Kong and the United States have concluded their discussions on the implementation of the Foreign Account Tax Compliance Act, with Hong Kong expected to sign a model 2 intergovernmental agreement later this year.
Singapore signs FATCA agreement
Singapore and the United States have signed an agreement which will enable Singapore-based financial institutions to more easily comply with the US Foreign Account Tax Compliance Act.
RBS receives second fine in under a month
The Royal Bank of Scotland (RBS) has been fined and received its second regulatory reprimand in less than one month after it was found guilty of misconduct in Hong Kong.
BlackRock receives RQFII license
BlackRock Asset Management North Asia, a subsidiary of BlackRock, has received its first renminbi Qualified Foreign Institutional Investor (RQFII) license from the China Securities Regulatory Commission.
Victoire Asia gets regulatory nod for HK business
Victoire Asia Investments, a specialist fund management company, has received permission from the Hong Kong Securities and Futures Commission to start its business in the country.
HK starts consultation for open fund company structures
The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
HK regulator waives fees for 2 more years
The Hong Kong capital market regulator has waived the annual licensing fees for another two years, and says it sees this move benefitting 39,000 intermediaries.
Thai regulator Japan FSA deepen fin coop
The Thai capital market regulator has entered into a collaboration with Japan’s Financial Service Agency that will strengthen cross-border business opportunities between the two countries and also enable more investment choices for investors.
Open ended fund structure planned for Hong Kong
The Hong Kong government has announced measures to boost the development of the local asset management industry.