Their surprise failure last week to sign up to the memorandum of cooperation is the result of temporary snags and internal processes, national regulators say.
Shenzhen connect awaits cabinet approval; Vietnam foreign ownership boost; Funds not too-big-to-fail; MPFA shelves adjustment proposal; Australia update on collective action
Technical issues delay SZ Connect; CSRC tightens margin lending; Japan sets out tax reforms; SFC mulls new legislation; Iosco urges less reliance on ratings agencies; and derivatives reporting changes sought.
HK hedge fund wins advert dispute; CFFEx lists 10-year bond futures; SFC considers dual-share structures; MAS to probe cases with police; Iosco agrees on Asia roadmap; and BIS warns of future fixed income crisis.
Hedge and PE funds could be considered systemically important financial institutions and have onerous capital requirements placed on them, suggests a new report by international watchdogs.
An American financial watchdog has been warned that classifying US asset managers as 'systemically important financial institutions' could seriously impair the growth of Asia's funds industry.