Biography
Padma Venkat, CFA, is former director of capital markets policy at CFA Institute. She is responsible for promoting CFA Institute standards, policies, and positions in the Asia-Pacific region.
Corporate governance reforms are fueling an unprecedented wave of shareholder activism in India.
CFA Institute and Indian Association of Investment Professionals release guide to help investors exercise rights at shareholder meetings.
Will these new measures bring much-needed relief to minority shareholders, or is it just old wine in a new bottle?
The OECD recently released a corporate governance working paper on “Institutional Investors as Owners: Who Are They and What Do They Do?” The paper has been written from a public policy perspective and considers the role of ownership engagement in effective capital allocation and monitoring of corporate performance.
CFA Institute report examines whether minority shareowners’ interests are being unduly diluted in Asia.
Need to address product suitability and fair treatment in reforms aimed at protecting unsophisticated investors.
I was at the Court of Final Appeal in Hong Kong on 30 April to witness the SFC win over Tiger Asia Management LLC in a landmark ruling. In dismissing Tiger Asia’s appeal, the court upheld the SFC’s right to seek remedial orders and injunctions in relation to the insider dealing case.
“While exchanges have a responsibility to provide fair and equal access to all market participants without violating public interest responsibility, they are dependent on a responsible financial ecosystem of lawyers, consultants, advisers, accountants, and managers of listed companies to avoid fraud by listed companies,” TMX Group CEO Thomas Kloet said recently at a program on “The Future of Exchanges.”
At the recent “Mis-selling of Financial Products: Investor Rights and Protection Forum” in Hong Kong, regulatory experts, lawyers, and investment professionals discussed the scope and limitations of recent regulations and measures, addressing investor rights and responsibilities.
Regulators are stepping in to fill the ethical void. Indeed, the Monetary Authority of Singapore (MAS) and Stock Exchange Board of India (SEBI) have resorted to strict rules to regulate the behavior of financial professionals and investment advisers. Singapore’s Financial Advisory Industry Review (FAIR) Panel report was released on 16 January while SEBI recently published new Investment Advisers Regulations.