Dechert’s Financial Services team recently presented a seminar in London, during which panellists provided insights into “What’s New in Asia”. Topics included: Some key takeaways from the panel discussion, which focused on...more
12/16/2016
/ Asia ,
Asset Management ,
China ,
CIBM ,
Financial Services Industry ,
Foreign Investment ,
Hong Kong ,
Investment Funds ,
Japan ,
Private Placements ,
QDII ,
RQFII ,
Singapore ,
South Korea
The Securities and Futures Commission of Hong Kong (SFC) and the China Securities Regulatory Commission (CSRC) issued a joint announcement on 25 November 2016 approving the launch of the long-awaited Shenzhen-Hong Kong Stock...more
A new program providing fund managers with access to China’s principal bond market officially opened for business in May 2016. The program – known as the China Interbank Bond Market (CIBM) program – greatly simplifies the...more
10/20/2016
/ Bond Markets ,
Bonds ,
China ,
CIBM ,
Financial Services Industry ,
Foreign Investment ,
Fund Managers ,
Institutional Investors ,
Licenses ,
PBOC ,
QFIIs ,
Registration Requirement ,
RQFII
Similar to the situation in many other jurisdictions, fund managers, banks and other market participants in Hong Kong were, until recently, not required to apply the same regulations to high net worth, corporate or...more
The quota allocation – the first of its kind awarded to the United States – was announced on June 7, 2016 by Yi Gang, Deputy Governor of the People’s Bank of China, the country’s central bank. This represents an apparent...more
1st Day of Christmas – UCITS V* -
The UCITS V Directive (UCITS V) introduces specific provisions on:
- (i) eligibility, liability and delegation of depositaries;
- (ii) remuneration policies;...more
12/23/2015
/ Accredited Investors ,
China ,
Derivatives ,
Dodd-Frank ,
ETFs ,
EU ,
European Securities and Markets Authority (ESMA) ,
FATCA ,
Foreign Ownership ,
Form D Filing ,
Fund Managers ,
Hong Kong ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Hong Kong Stock Exchange ,
Hong Kong’s Financial Services Development Council (FSDC) ,
Liquidity Risk Management Rule ,
Mutual Funds ,
Open-Ended Fund Companies (OFCs) ,
Over The Counter Derivatives (OTC) ,
Private Funds ,
Securities and Exchange Commission (SEC) ,
UCITS ,
UK
News of the volatile Chinese stock market has dominated international headlines over the past couple of months, and the spotlight has been on the Chinese authorities’ reaction to these developments. Their wide-reaching policy...more
The Central Bank of Ireland (“CBI”) issued an update to its Q&A documents on 15 July 2015 for both UCITS and AIFMD FAQ (“Q&A”) which clarifies how Irish funds can invest in Chinese shares via the Shanghai-Hong Kong Stock...more
The ASEAN Trading Link is a stock trading link established among the stock exchanges of Malaysia, Singapore and Thailand that has been in place since September 2012. This initiative is one of the measures driven by the ASEAN...more
The Hong Kong Government has been keen to demonstrate its willingness to evolve and focus its efforts on the overall growth of the Hong Kong financial services industry. Recent proposals to make fund-friendly changes to Hong...more
At the January Asian Financial Forum in Hong Kong, the Chairman of the China Securities Regulatory Commission (“CSRC”), Mr. Guo Shu Qing, stated that Mainland China could increase the level of investment quotas for both the...more