Japanese funds model under threat
Asset managers are braced for a rise in the number of regulatory inspections and tighter rules around fund sales and insider trading in Japan.
Fund houses in Japan are readying for a rise in the number of regulatory inspections and a tightening of laws, as a result of both the AIJ pensions scandal that broke in February and a crackdown on insider trading.
“The Japanese regulators will be seeking to tighten manager access to pension fund monies,” says Chris Wells, financial services partner in law firm White & Case’s Tokyo office.
“One shake-out from AIJ is that inspections of money managed offshore will focus incre…
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