Implementing best practices for liquidity management is proving challenging for some asset managers, as concerns mount about the potential for a squeeze in fixed income markets.
Philippines plans to implement ARFP; Mutual recognition a matter of timing, says Lam; Malaysia issues crowdfunding rules; Water Oasis ex-CEO admits to insider trading; Accountants settle US case.
Following news this month of a hacking attack on Fidelity in the US, consultants warn that financial firms in Asia are particularly vulnerable to cyber-crime.
Despite initial pushback, China would seem to have little choice but to comply with the US’s far-reaching tax laws come next summer, say industry observers.
Sponsors in Asia will have to come up with more innovative ways to exit investments if they want to attract investors' capital to the region, industry players agree.
Smaller hedge fund managers will face relatively lower costs related to Fatca, although overhead increases will be insidious.