Industry welcomes long-awaited launch date and raises prospect of expansion, but ponders who’s best placed to benefit and whether compromises are being made.
Over 72% of processing time at the SFC is attributed to applicants. To avoid delays in the registration, there must be more collaboration, says Mark Shipman of Clifford Chance.
Credit Suisse's Harvey handed new role, Hong Kong unveils new council, Eastspring appoints Japan CEO, SLI transfers staff to Hong Kong and Pioneer poaches Axa's Bailie.
Citic Securities IIM has launched a new fund for professional investors under Chapter 21 rules, the first such listing in six years. Clifford Chance expects more to follow in 2011.
Clifford Chance and Baker & McKenzie highlight new or upcoming rule changes that Asian fund managers should be aware of in Hong Kong, Singapore, the US and EU.