Confluence predicts that the rise of regulatory technology (RegTech) in 2017 will trigger a transformation of the asset management back office, with improved data management and technology solutions delivering operating model improvements through automation.
Although some responsible investment regulation is useful in terms of increasing awareness of ESG, investors are still sceptical about whether or not this regulation is driving real change, a report by the Principles for Responsible Investment (PRI) has found.
BNY Mellon has been granted full All Asset Trust License status in Korea to provide trustee services for the domestic market.
The Hong Kong Securities and Futures Commission (SFC) has launched a three-month consultation on proposals to enhance the regulation of the asset management industry to better protect investors’ interests and ensure market integrity.
The Association of the Luxembourg Fund Industry (ALFI) has negotiated an exemption from the obligation to hold an Australian financial services (AFS) licence to provide financial services in Australia.
The National Settlement Depository (NSD), Russia’s central securities depository, has signed a memorandum of understanding with China Securities Depository and Clearing Corporation (CSDC), which provides services to the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
The Monetary Authority of Singapore (MAS) has granted Qatar Re a licence to operate a branch office in Singapore, effective as of 3 October 2016.
BCS Global Markets, the largest securities broker on the Moscow Exchange, has signed a partnership agreement with Caderus Capital, the Russian-Chinese investment group, to develop cross-border investments between China and Russia.
The largest securities broker on the Moscow exchange, BCS Global Markets, has signed a partnership agreement with Caderus Capital, the Russian-Chinese investment group, in order to further develop cross-border investments between China and Russia.
Singapore Exchange’s (SGX) SGX Index Edge is to use S&P Global Markets Intelligence’s Alpha Factor Library to develop new quantitative index models and smart beta indices across Asia Pacific.