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.
Tag : dodd-frank
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.