Hong Kong brokers sign for Stock Connect; India allows Reits; Taiwan to relax fund approval process; Australia probes investor relations; US banks lobby for Dodd-Frank extension; and HK's SFC fines ex-Delta Asia Securities worker.
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Tag : dodd-frank
Signficant moves by investment fund lawyers in Asia in recent months amid fierce competition may reflect greater optimism about the global economy.
Increasing compliance costs are keeping Asian wealth managers up at night, according to a PwC survey. Wealthy women are also an important demographic to keep an eye on.
They do not expect Dodd-Frank rules requiring disclosure of past offences to impact the industry, but are urged to familiarise themselves with US law before a September deadline.
Asian hedge funds are hurrying out questionnaires to their investors to determine which can be classified as 'US persons', with just two months to meet a change to Dodd-Frank rules.
The law as it stands will impact Asia-based mutual funds in unforeseen ways, warns trade body ICI Global.
In partnership with Jame DiBiasio
A survey by AsianInvestor and Clifford Chance finds industry participants in Asia remarkably blasé towards major regulatory shifts in America and Europe.
