Asia
sfc plans overhaul of professional investor
Hong Kong’s Securities and Futures Commission (SFC) has begun a three-month consultation on proposals to overhaul the regulations governing its professional investor regime.
momentum receives fund approval from
Momentum Global Investment Management has received approval from the Securities and Futures Commission to sell its Luxembourg domiciled Ucits fund range to retail investors in Hong Kong.
singapore significantly strengthens international
Singapore’s central bank has announced a four-pronged strategy to help tackle international tax evasion and to increase its tax information sharing with other countries.
marco tang to head barings asia sales
Baring Asset Management has named Marco Tang to head up sales, client services and business development for its mutual fund distribution operations across Hong Kong, China and Singapore.
fairness of hk commission disclosure rules
Questions have been raised over the fairness of plans to introduce commission disclosure for advisers selling Investment Linked Assurance Schemes (ILAS) in Hong Kong, as those tied to banks or insurers will not be subject to the new rules.