By Suzanne Gibson King & Wood Mallesons’ Singapore Office
The Asian retail investment funds market is in the throes of a significant shake-up, with two new cross-border Asian passporting regimes and a momentous mutual recognition arrangement between Hong Kong and China.
The ASEAN CIS Framework for cross-border offerings of collective investment schemes (CIS Framework) is already in existence, with managers in Singapore, Malaysia and Thailand now able to passport their compliant domestic funds to retail investors in these three countries.
Continue Reading Asian funds passporting: the Luxembourg of Asia?