AsianInvestor carried out a webcast with two senior Northern Trust executives to examine the impact of post-crisis regulatory reform on institutional investors in Asia Pacific.
Tag : regulation
AsianInvestor speaks to fund industry executives in Southeast Asia to get a feel for how their industry has evolved since the collapse of Lehman Brothers in 2008.
Fund managers both praise and begrudge broad-brush regulation sparked by the collapse of Lehman Brothers five years ago this weekend. In Hong Kong, there is one point of universal agreement.
They argue that incoming regulations governing the monitoring of algorithmic trading are often counterintuitive and leave them potentially liable for unforeseeable trading risks.
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.
Hong Kong financial advisers are more concerned about the potential impact of changing rules than their peers in Singapore, pointing to a communication breakdown, finds a Skandia survey.
Double the number of executives see the Lion City as having a more practical regulatory regime, finds our annual survey. But there appears to be confusion over Fatca's impact.
Punitive taxes for non-compliance, and other areas of leverage, could mean Beijing comes to an intergovernmental agreement with the US.
Agent securities lenders say planned US counterparty credit limits and money-market fund reforms are driving them into high-margin trades.
A private equity COO fears rule tightening is too broad-brush and will inflate costs, while a fund-of-hedge-fund COO says clarity is needed over new reporting requirements.
Alexa Lam, deputy CEO of the Securities and Futures Commission, outlines her vision of a "breakthrough" mutual recognition platform for public funds between HK and the mainland.
The sovereign wealth fund’s executive VP, Jesse Wang, labels proposed US and UK regulatory change “anti-globalisation” and challenges Hong Kong to step into the breach.
