Asia
MSCI tells China ‘No for now’ on entry into EM index
For the third time since 2013, the US index provider rejected the inclusion of China A-shares in its flagship emerging market indices, highlighting key unresolved issues.
Leveraged and inverse ETFs debut in Hong Kong
Samsung Asset Management has launched Hong Kong’s first leveraged and inverse ETFs.
Singapore’s financial regulator steps up enforcement
The Monetary Authority of Singapore (MAS) has announced plans to set up a new department to centralise and strengthen its enforcement capabilities.
Singapore to overtake London as second largest offshore hub
Singapore is expected to overtake London as the world’s second largest offshore financial centre by 2020, a new report suggests.
Australian regulator moves to enforce ‘client first’ rule
The Australian corporate regulator has decided to prosecute a financial advisory business for alleged breaches of a new law which requires firms to ensure their advisers put the interests of clients first.