Chinese Regulator Vows to Crack Down on Private Equity Funds

China’s securities regulator said it plans to rein in the country’s private equity and venture capital funds, stop public offerings disguised as private placements and fight embezzlement of assets. The China Securities Regulatory Commission will work to root out “fake” private equity funds that are actually sold to the general public instead of targeted investors, Chairman Yi […]

BlackRock CEO calls for stronger climate finance plan at G20 meet

BlackRock chief executive Larry Fink on Sunday (July 11) called for governments to develop a stronger long-term climate finance plan to unlock the private capital needed to fund the transition to a low-carbon economy. Speaking to The Venice International Conference on Climate at a meeting of G-20 Finance Ministers, he said without such a plan, […]