In The News

Ireland – CBOI Investment Firms FAQ

On Jan. 16, 2019, CBOI issued sixth edition of FAQ (new FAQ ID 1031) on regulation 5 of the MiFID II regulations, which requires, inter alia, that a cooperation agreement be in place between Central Bank of Ireland and a third country competent authority. Before third country firm supervised by that competent authority can provide…
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China – SAFE Increases Foreign Investment

On 14 January 2019, CSAFE increased total foreign institutional investor. In order to meet the needs of foreign investors to expand investment in market.Qualified foreign institutional investors increased from US$150bn to US$300bn.The QFII system is the earliest and most important institutional arrangement for China's capital market to open to the outside world, for foreign investors.From…
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Canada – OSC Streamline Disclosures

On 14 January 2019, OSC consulted on actions to reduce regulatory burdens. Consulted Ontario market participants on ways to reduce the regulatory burden.By eliminating rules and requirements, that are outdated or unduly burdensome.Suggested AreasOperational changes, for rules that may have become outdated or unnecessary.Opportunities to streamline and improve disclosure that is provided to investors.Noted investors…
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