AsianInvesterAsianInvesterAsianInvester

HK SFC issues “sweeping” circular on private funds

Joe Marsh
The regulator could create unnecessary work for private equity firms by adopting a new approach, says Philippa Allen, CEO of ComplianceAsia.
HK SFC issues “sweeping” circular on private funds

Hong Kong’s securities watchdog yesterday yesterday issued a circular expressing concerns about conflicts of interest within some private funds and discretionary accounts. But the regulator's approach could create unnecessary work for many asset managers, argued Philippa Allen, chief executive of consultancy ComplianceAsia.

Sign in to read on!
Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?
See here for more information on licences and prices, or contact [email protected]
¬ Haymarket Media Limited. All rights reserved.