Japan's two leading alternative trading systems are in talks to expand their services to Korea, where the regulator is moving to open up the market to competition.
Ex-World Bank head joins Temasek board, Taiwan names new chairman at regulator, L&G IM hires Manulife exec, Nikko AM bolsters team, Kroll makes two HK hires.
The Financial Services Commission is confident of growth after moving to lower entry barriers and improving training and education to underpin an industry already expanding at a fast clip.
The company says it has no need to raise funds to meet investment bank capital requirements and will benefit from a massive infrastructure build-up in research and sales.
The island’s Financial Supervisory Commission has moved to allow insurance firms to invest in RMB-denominated assets in Hong Kong this month as they await QFII licences.
The Financial Supervisory Commission has approved rules that make it easier for fund-management companies to close unprofitable funds, but distributors must be appeased.
Cho In-kang of the Financial Services Commission says the government wants institutional investors to play a bigger role in growing Korea’s capital markets.