Following announcement of the proposed launch of a bond trading link between China and Hong Kong (Bond Connect) earlier this year, Bond Connect officially launched on July 3, 2017. Bond Connect allows foreign institutional...more
7/14/2017
/ Bond Connect ,
Bonds ,
China ,
CIBM ,
Debt Instruments ,
Eligibility ,
Foreign Investment ,
Fund Managers ,
Hong Kong ,
Institutional Investors ,
QFIIs ,
RQFII
A new program providing fund managers with access to China’s principal bond market officially opened for business in May 2016. The program – known as the China Interbank Bond Market (CIBM) program – greatly simplifies the...more
10/20/2016
/ Bond Markets ,
Bonds ,
China ,
CIBM ,
Financial Services Industry ,
Foreign Investment ,
Fund Managers ,
Institutional Investors ,
Licenses ,
PBOC ,
QFIIs ,
Registration Requirement ,
RQFII
The quota allocation – the first of its kind awarded to the United States – was announced on June 7, 2016 by Yi Gang, Deputy Governor of the People’s Bank of China, the country’s central bank. This represents an apparent...more
Faced with redemptions and currency outflows from the country, Chinese regulators have taken welcome steps to make it easier for fund managers and other institutional investors to invest in China. Fund managers, in...more
1st Day of Christmas – UCITS V* -
The UCITS V Directive (UCITS V) introduces specific provisions on:
- (i) eligibility, liability and delegation of depositaries;
- (ii) remuneration policies;...more
12/23/2015
/ Accredited Investors ,
China ,
Derivatives ,
Dodd-Frank ,
ETFs ,
EU ,
European Securities and Markets Authority (ESMA) ,
FATCA ,
Foreign Ownership ,
Form D Filing ,
Fund Managers ,
Hong Kong ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Hong Kong Stock Exchange ,
Hong Kong’s Financial Services Development Council (FSDC) ,
Liquidity Risk Management Rule ,
Mutual Funds ,
Open-Ended Fund Companies (OFCs) ,
Over The Counter Derivatives (OTC) ,
Private Funds ,
Securities and Exchange Commission (SEC) ,
UCITS ,
UK
News of the volatile Chinese stock market has dominated international headlines over the past couple of months, and the spotlight has been on the Chinese authorities’ reaction to these developments. Their wide-reaching policy...more
The Central Bank of Ireland (“CBI”) issued an update to its Q&A documents on 15 July 2015 for both UCITS and AIFMD FAQ (“Q&A”) which clarifies how Irish funds can invest in Chinese shares via the Shanghai-Hong Kong Stock...more
Regulators in Hong Kong and China recently announced the imminent launch of “Stock Connect” on next Monday, November 17, 2014. Stock Connect gives a wide array of fund managers, private investors, and other market...more
The Shanghai-Hong Kong Stock Connect program, expected to launch this fall, will give many European and U.S. funds, managers and individuals their first opportunity to trade Shanghai-listed equities. Stock Connect represents...more
Prior to 2013, the door to the People’s Republic of China’s domestic mutual fund market was closed to outsiders. Foreign fund managers had only one choice: to team up with local Chinese managers in joint ventures, controlled...more
For years, the Chinese private fund industry has operated in regulatory limbo, but a recent series of legislative and regulatory actions should provide greater certainty and help create a more favorable environment for the...more