PGIM’s global head of ESG discusses the Singaporean model for ESG disclosure and the SEC’s proposals on the labelling of ESG funds.
Tag: Securities and Futures Commission
The FSA Spy market buzz – 4 March 2022
Capital Group joins ETF bandwagon; Abrdn’s bloated fund range; Hong Kong’s SFC is just fine; Capturing tanks in Ukraine; Thoughts on LTCM; Browder’s Red Notice; advertising and much more.
Hong Kong relationship manager banned for 10 years
The banker “misrepresented” her academic qualifications to former employers Julius Baer and Bank of Singapore.
SFC probes HSBC dividend cut after backlash
Overwhelmed by investor complaints, the Hong Kong regulator contacts UK regulators and HSBC and issues a rare public statement on the case.
SFC raises concerns about illiquid assets
Hong Kong’s regulator emphasises the need for rigorous risk management by intermediaries in the wake of liquidity problems in high profile funds.
Northbound MRF sees $480bn in 2018 outflows
Northbound funds under the Mutual Recognition of Funds (MRF) scheme continue to see outflows, although more asset managers plan to sell Hong Kong-domiciled funds on this platform, according to China’s financial regulators.
UBS AM preps funds for MRF
This week the regulator approved three Hong Kong-domiciled products, which are aimed at eventual sale to mainland investors via the Mutual Recognition of Funds scheme.
Tencent JV plans bond fund in HK
The flagship Chinese tech firm is looking to enter Hong Kong’s mutual funds market.
SFC considers changes for MRF
Hong Kong’s Securities and Futures Commission (SFC) reveals discussions with the mainland regulator to relax the limit on overseas delegation.
Hong Kong WM assets hit $1trn
In 2017, total assets under management by the private banking and private wealth management business in Hong Kong hit $1trn (HK$7.8trn), while asset management was up 23%, according to the Securities and Futures Commission (SFC).
