Friday February 27 2015

News Source: Global Exchanges

Focus: Other

Type: General




On 27 February 2015, Singapore, Australia, Korea, New Zealand, Philippines and Thailand (the Working Group) released a joint consultation paper on the proposed rules that will govern the operation of the Asia Region Funds Passport (ARFP). The announcement was issued in response to feedback on public consultation previously published on 16 April 2014.

The proposed rules cover areas such as:

  • The eligibility and operational criteria for passport fund managers and passport funds, as well as the authorisation process for passport funds.
  • Sets out common standards and expectations amongst regulators from passport member economies on the supervision of passport funds, including the protection of investor interests.
Click here to view consultation paper.

Click on the link above for further details