Historically, market downturns have led to an increase in misselling claims, so as the industry prepares for the possibility of slowed growth in 2019, proper banking culture-related compliance and/or senior level accountability are likely to top the agendas of the region’s regulators, according to lawyers from five separate firms. “The market in 2019 may well see slower growth. That being…
2019 regulatory outlook: What’s in store for Asia’s private banks?
17 January 2019

Share article
Share article
Related News

Asia’s private banks cool on Chinese ADRs as de-listing threat grows
25 March 2022

February Regulatory Round-up: HKMA urges banks to implement vaccine passports
8 March 2022

January Regulatory Round-up: Concerns over hype surrounding crypto-assets
15 February 2022

December Regulatory Round-up: HKMA raises banks’ awareness of climate risks; HK, S’pore regulators join forces in curbing ramp-and-dump schemes; Singapore and China widen financial cooperation
3 January 2022

November Regulatory Round-up: Strict HK regs limit crypto and SPAC activities for FOs; Tighter AML rules affect PB client onboarding; FI executives’ take on China’s “common prosperity” drive
6 December 2021

Investment outlook for 2022: Private banks bet China’s regulatory crackdown is over
26 November 2021

Tightening AML rules take a toll on client onboarding at private banks
22 November 2021

October Regulatory Round-up: Ambiguity remains after GBA WM Connect launch; PWM firms spend most reg resources on suitability compliance; Hong Kong eyes tax concessions to boost FO appeal
11 November 2021

September regulatory round-up: WM Connect and Southbound Bond Connect launched; International FIs expand in China; HK and S’pore regulators issue SPAC listing rules
8 October 2021

August Regulatory Round-up: SFC fines UBS over multiple reg breaches; HK and SG regulators promote use of AML regtech; China strikes balance between inclusive growth and foreign investment
27 August 2021