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May Regulatory Round-up: Next steps in HK, SG mandatory reference check schemes; Minimum global corporate tax could benefit “jurisdictions with substance” such as SG and HK; Banks welcome further clarity on Wealth Connect

In this round-up: Ambiguities remain in Hong Kong, Singapore schemes to stop “rolling bad apples”; Minimum global corporate tax could benefit “jurisdictions with substance” such as Singapore and Hong Kong; Banks welcome further clarity on Wealth Connect scheme; Hong Kong provides subsidies for setting up open-ended fund companies and REITs; Singapore continues to see strong demand for fintech and front…

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