The difficulty lies in the distribution side collecting information on complex products from asset managers.
Category: Regulation
MAS explains AM supervisory changes
The regulator now has teams assigned to supervise asset management sub-sectors, such as traditional, alternative or real estate, according to Lim Cheng Khai, executive director at the Monetary Authority of Singapore (MAS).
Will unified QFII/RQFII help onshore funds?
China has proposed combining the two quota schemes, which could help foreign managers with private fund management licences seed their own funds.
MAS to relax cross-border arrangements
Foreign corporations would only have to notify the Monetary Authority of Singapore, instead of seeking approval.
SFC working to widen fund distribution
The Securities and Futures Commission said it is working on diversifying fund distribution channels, which have been dominated by banks.
‘Complex product’ regs could limit HK distribution
Some distributors in Hong Kong may avoid ‘complex products’ because of the added risk of being non-compliant, according to Rolfe Hayden, a partner at law firm Simmons & Simmons.
Regs clash in the Hong Kong-UK MRF
A number of Hong Kong-domiciled funds do not meet requirements of the UK’s Financial Conduct Authority (FCA).
Swiss PBs see risk in trips to China
The detention of a UBS Wealth Management staffer from Singapore has rocked the private banking community and resulted in some bans on travel to the mainland, reports say.
China’s Amac approves HK stock advisors
The Asset Management Association of China (Amac) announced the first batch of mainland-registered investment advisors focused on Hong Kong-listed equities.
SFC fines up 200% this year
The fines have increased in 2018 as a result of the regulator’s focus on “more serious matters”, according to enforcement chief Thomas Atkinson.
