ANREV is pleased to release the April Regulatory and Tax Newsletter in 2015 that gives updates on Asia Pacific legal and tax topics.  In this issue, we have included:
 
Australia
• Australia Investment Manager Regime Public Consultation
China
• China’s new Industry Catalogue for Foreign Investment
Hong Kong
• SFC updates FAQs on Real Estate Investment Trusts
• Hong Kong and China sign fourth protocol on avoidance of double taxation
• Inland Revenue Amendment bill gazetted – profits tax exemption for offshore funds extended to private equity funds 
Japan
• Amendment to Article 63 Exemption
Singapore
• GST rules affecting offshore funds/managers
Switzerland
• Non-Swiss Fund Managers – new Swiss fund marketing regime applies