On 10 September 2021, the Cross-boundary Wealth Management Connect Pilot Scheme ("Cross-boundary WMC") in the Guangdong-Hong Kong-Macao Greater Bay Area ("GBA") was officially launched.
On 12 July 2021, the European Commission's Platform on Sustainable Finance (PSF) published a survey seeking public feedback on the draft report on a proposal for a social taxonomy (Draft Report). The survey closed on 6 September 2021.
The Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area was launched earlier this afternoon. ICI Global was invited to attend the launch ceremony, co-organized by the People's Bank of China, the People's Government of Guangdong...
Attached for your review is ICI's draft response to the CFA Institute's Exposure Draft of Verification Procedures for CFA Institute ESG Disclosure Standards for Investment Products (Verification Procedures Exposure Draft).[1] Please provide your comments to Annette Capretta at...
On 28 June 2021, the Board of the International Organization of Securities Commissions (IOSCO) released a final report on issuers' sustainability-related disclosures. The report identifies core elements of IOSCO's vision for the International Sustainability Standards Board (ISSB) to...
On August 12, the International Organization of Securities Commissions (IOSCO) published the results of its examination of the behavior of exchange-traded funds (ETFs) during the COVID-19 induced market stress (the "Report").
Eight fund industry associations today sent to the Organisation for Economic Co-operation and Development (OECD) the attached coalition letter that we crafted; the letter makes specific recommendations for applying to funds the OECD's proposed "Pillar Two" minimum tax. The specific...
The Treasury Department of the Australian Government is evaluating the operation of its recently adopted foreign investment reforms that went into effect on January 1, 2021 and issued a consultation seeking feedback by August 31, 2021. The foreign investment reforms sought to address...
On 20 August 2021, the Hong Kong Securities and Futures Commission (SFC) published the Consultation Conclusions to its October 2020 Consultation on the Management and Disclosure of Climate-related Risks by Fund Managers (Consultation) The Consultation proposed amendments to the Fund...
On 20 August 2021, the Standing Committee of the National People's Congress (NPC), China's top legislative authority, adopted the Personal Information Protection Law of the People's Republic of China, the first law specifically regulating the protection of personal data in China.
