The Investment Management Association of Singapore has released a set of guidelines for fund management firms to better understand the potential risks of the products they sell.
Category: Regulation
Head of research banned for 15 years
Hong Kong’s regulator has put a 15-year ban on Gong Yue Yue, a former head of research for Orient Securities Hong Kong, for accepting a bribe.
Thailand plans fund rule revision
Thailand has proposed revising the rules to ensure only accredited investors – such as high net worth individuals – with matching risk profiles are eligible to invest in high risk mutual funds.
Interest in Bond Connect with China grows
Exchanges in Hong Kong and Russia are each firming up their own plans for separate Bond Connect initiatives with China.
Former DBS VP banned by SFC
Hong Kong’s regulator has slapped a six-year ban on Ko Shu Chuan for using a fake academic degree to get employed.
SFC bans Nomura trader for 30 months
The Hong Kong Securities and Futures Commission has banned Masashi Yonezawa, a former trader at Nomura Hong Kong, for “deliberate and dishonest” conduct.
HK’s SFC bans Ping An trader
Hong Kong’s securities regulator slapped an eight-year ban on a former licensed representative of Ping An Securities and in a separate action set a date for a hearing involving HSBC Private Bank.
Update: Cayman court’s first valuation verdict on minority side
East Capital, a Sweden-based asset manager, specialising in emerging and frontier markets, said it won a landmark case in the Cayman Islands defending the rights of minority shareholders.
BlackRock gets new QFII quota
The additional QFII quota takes the total amount allocated to all BlackRock entities to $1.25bn.
PBOC: China to open FX market to foreigners
Yi Gang, deputy head of China’s central bank, said that qualified foreign institutions will be allowed to enter China’s FX market in order to bridge the gap between the yuan’s onshore and offshore rate.
