News & Analysis as of

Fund Managers Hong Kong

Herbert Smith Freehills Kramer

Hong Kong listing pathway for closed-ended alternative asset funds – our latest thoughts A recent SFC circular has generated...

A recent circular issued by the Hong Kong Securities and Futures Commission (SFC) has created a pathway to listing closed-ended alternative asset funds in Hong Kong, generating interest among both local private market...more

Akin Gump Strauss Hauer & Feld LLP

SFC Issues Consultation Conclusions on the Management and Disclosure of Climate-related Risks by Fund Managers

Key Points - The Fund Manager Code of Conduct will be amended to require fund managers managing collective investment schemes to take climate-related risks into consideration in their investment and risk management...more

Proskauer Rose LLP

The Arrival of Hong Kong’s Limited Partnership Fund Regime

Proskauer Rose LLP on

Hong Kong’s private funds industry is on the verge of benefitting from further significant changes in local laws designed to make Hong Kong more attractive as a centre for private funds and their managers. On 31 August 2020,...more

Jones Day

Japan Introduces Temporary Exemption for Foreign Fund Managers

Jones Day on

The Japanese Financial Services Agency released a new regulation allowing foreign fund managers and securities brokers to transfer their operations to Japan temporarily and without registration in certain emergency...more

Goodwin

Hong Kong to Revamp Limited Partnership Regime to Attract Private Funds

Goodwin on

Hong Kong has a strong reputation as a global and regional hub for the asset management and funds industry and is clearly looking to maintain and improve its competitiveness in this sector. In the recent 2020-2021 Budget, and...more

Akin Gump Strauss Hauer & Feld LLP

Navigating the “New Normal” – The Fallout for Hong Kong Based Asset Managers and Financial Institutions with Exposure to Asia or...

The COVID-19 pandemic has caused significant disruptions to numerous industries and sectors on a worldwide scale in an unprecedented manner. The asset management industry, like so many other business sectors, has proven far...more

Akin Gump Strauss Hauer & Feld LLP

SFC Issues Guidance to Private Equity Firms and Family Offices on Licensing Issues

In recent years, the Hong Kong Securities and Futures Commission (SFC) has increasingly focused on private equity funds’ obligation to be licensed under the Securities and Futures Ordinance (SFO). In February 2019, the SFC’s...more

Polsinelli

BitBlog Weekly Update

Polsinelli on

This BitBlog summary focuses on the continuing actions by the U.S. Securities and Exchange Commission (“SEC”) against the issuers of noncompliant initial coin offerings (“ICOs”) and other crypto related transactions including...more

Akin Gump Strauss Hauer & Feld LLP

Amendments to the Code on Unit Trusts and Mutual Funds

• The revised UT Code came into effect on 1 January 2019, with a 12-month transition period for compliance by funds currently registered with the SFC. • Revised regulatory standards will impact all SFC-authorised funds and...more

Akin Gump Strauss Hauer & Feld LLP

SFC Highlights Deficiencies in Asset Management Industry

• The SFC has identified nine common areas of non-compliance in managing funds and discretionary accounts. • The SFC urged licensed corporations to review their existing internal control procedures and operational...more

Katten Muchin Rosenman LLP

Bridging the Week - August 2015

ESMA Says “No for Now” to Granting Passport Rights to US Fund Managers Under AIFMD: The European Securities and Markets Authority told the European Commission last week that it was premature to grant passport rights to...more

Dorsey & Whitney LLP

This Week In Securities Litigation

Dorsey & Whitney LLP on

The SEC filed one new action this week – an administrative proceeding involving the principal of an investment adviser and undisclosed conflicts of interest. The Commission also amended a complaint in an insider trading...more

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