This issue of Sidley’s Asia Funds and Financial Services Newsletter discusses important regulatory and enforcement developments that impact financial institutions, investment advisers, and investment funds operating in the Asia-Pacific region in a fast-changing regulatory landscape, with a special focus on the recent proposals to significantly expand the enforcement powers of the Securities and Futures Commission (SFC) to tackle cross-border insider dealing, to give statutory backing to certain breaches of the Code of Conduct, as well as to narrow the well-trafficked private placement exemptions widely used in the industry to market professional investors.
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