Regulations, competitive pressures and demographic change are impacting the way private banks in Asia operate, said Steven Seow, Mercer’s head of wealth management in Asia.
Tag: Monetary Authority of Singapore
Investors get access to Asean CIS framework
The ASEAN collective investment scheme framework (CIS) has been launched, allowing investors in Singapore, Malaysia and Thailand access to cross-border financial products.
Singapore to regulate non conventional
The Monetary Authority of Singapore has announced a set of measures to offer enhanced protection to investors, which includes bringing some non-conventional investment products under its regulatory purview.
Singapore to start overnight RMB liquidity
Singapore is to introduce an overnight renminbi liquidity facility to meet the short-term financing needs of financial institutions trading in the Chinese currency.
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.
Singapore Fullerton to open London office
Fullerton Fund Management a wholly-owned subsidiary of Singapore state investor Temasek Holdings is to set up an office in London, and will be shortly applying for a license from the Financial Conduct Authority.
UK Singapore agree to deepen financial cooperation
The UK and Singapore have agreed to deepen their financial and economic cooperation and also supported the setting up of a private sector forum to boost development of the offshore renminbi market
UK residential property fund gets MAS ok
A fund which lends money directly to end borrowers in the UK real estate market has been approved for distribution by the Monetary Authority of Singapore following demand from advisers.
MAS says Singapore assets leap in 2012
It’s not exactly a secret that Singapore is increasingly becoming Asia’s wealth management centre of choice as well as the choice of growing numbers of individuals living in many other corners of the globe and this was reinforced today in a wide-ranging report by the city-state’s regulator.
Unigestion gets Singapore cap markets licence
Unigestion, a Geneva-based institutional asset manager with more than $13bn in assets under management, has received a capital markets services licence from the Singaporean regulator, as it moves to expand its presence in Asia.
