Thomson Reuters Publishes Anne-Marie Godfrey Article on COVID-19 Fallout for Hong Kong Asset Managers and Financial Institutions
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Akin Gump investment management partner Anne-Marie Godfrey has authored the article “Navigating the ‘New Normal’ – the fallout from COVID-19 for Hong Kong asset managers and financial institutions,” for the April 2, 2020, edition of Thomson Reuters Regulatory Intelligence. First published as an Akin Gump client alert, the article provides an overview “of several key items that Hong Kong-based fund managers and financial markets participants with an office in or exposure to Hong Kong or Asia may wish to take into consideration as they navigate the challenges” caused by the coronavirus pandemic.
The article outlines some key provisions in fund documents and regulatory obligations affecting liquidity and related internal liquidity risk management policies. It also addresses the use of force majeure provisions as well as initiatives taken by relevant regulators and short-selling bans and restrictions on trading internationally.
To read more about these areas of concern and others for fund managers and market participants, please click here to read the article in its entirety.