Regulators in the three markets are putting faith in agreements for mutual recognition of funds – and their efforts may be coming to fruition. And Korean firms are taking note.
Tag : fund passport
Bill Shorten, Australia’s assistant treasurer and minister for financial services and superannuation, says talks with Asian governments on a regional fund passport are advancing.
New recommendations for the fund industry in Australia are likely to be considered alongside tax-rule changes proposed in December, says Geoff Weir of the Australian Financial Centre Forum.