Regulations
Latest News - Page 14
SFC bans former UBS client advisor for life
July Regulatory Round-up: SFC notes 2% drop in 2018 PWM AUM; HKMA guidance on loss-absorption products stirs uncertainty; China encourages foreign participation in onshore financial industry
HKMA to roll out technical standards for open API framework
Eddie Yue to replace Norman Chan as the HKMA’s new chief
Regtechs must balance client privacy and AML compliance: LexisNexis Risk Solutions
Trustees step up to assist HNWIs with economic substance compliance
Regulatory differences emerge between Hong Kong, EU suitability rules
PBoC encourages foreign FIs to participate in setting up WM subsidiaries
HKMA guidance on loss-absorption products relaxes rules, stirs uncertainty
PBs can look to SFC expectations for remote onboarding to comply with HKMA rules
Surcharge hike on India’s rich sharpens focus on tax efficiency: Sanctum WM
HK, Mainland China conduct and culture regimes “vary significantly”: Synpulse
HKMA further extends suitability deadline for select products
Switzerland lags Asian finance centres in terms of regulatory proactivity
June Regulatory Round-up: New FAQs on suitability requirements; SFC fines Credit Suisse for disclosure misconduct; FATF releases HK AML evaluation
China to remove limits on foreign firm ownership earlier than expected
SFC recognises fintech’s role in remote onboarding
PBs need further guidance on reporting investigative actions in licensing forms
FATF praises Hong Kong for “strong legal foundation”, suggests areas of improvement
“Very strong” demand for cross-border testing platform of global regulatory group
India’s HNWIs gradually separate family, business wealth amid regulatory reform: Cyril Amarchand Mangaldas
Fewer breaches observed during on-site inspections: SFC
SFC fines Credit Suisse HK$2.8 million for disclosure non-compliance
New FAQs on HK suitability requirements a “positive development” for private banks
Extradition push sparks fears of HK asset outflows
PBs must improve digital surveillance as regulators crack down
SFC releases thematic review on prime brokerage services
SFC bans former UBS client advisor for life
July Regulatory Round-up: SFC notes 2% drop in 2018 PWM AUM; HKMA guidance on loss-absorption products stirs uncertainty; China encourages foreign participation in onshore financial industry
HKMA to roll out technical standards for open API framework
Eddie Yue to replace Norman Chan as the HKMA’s new chief
Regtechs must balance client privacy and AML compliance: LexisNexis Risk Solutions
Trustees step up to assist HNWIs with economic substance compliance
Regulatory differences emerge between Hong Kong, EU suitability rules
PBoC encourages foreign FIs to participate in setting up WM subsidiaries
HKMA guidance on loss-absorption products relaxes rules, stirs uncertainty
PBs can look to SFC expectations for remote onboarding to comply with HKMA rules
Surcharge hike on India’s rich sharpens focus on tax efficiency: Sanctum WM
HK, Mainland China conduct and culture regimes “vary significantly”: Synpulse
HKMA further extends suitability deadline for select products
Switzerland lags Asian finance centres in terms of regulatory proactivity
June Regulatory Round-up: New FAQs on suitability requirements; SFC fines Credit Suisse for disclosure misconduct; FATF releases HK AML evaluation
China to remove limits on foreign firm ownership earlier than expected
SFC recognises fintech’s role in remote onboarding
PBs need further guidance on reporting investigative actions in licensing forms
FATF praises Hong Kong for “strong legal foundation”, suggests areas of improvement
“Very strong” demand for cross-border testing platform of global regulatory group
India’s HNWIs gradually separate family, business wealth amid regulatory reform: Cyril Amarchand Mangaldas
Fewer breaches observed during on-site inspections: SFC
SFC fines Credit Suisse HK$2.8 million for disclosure non-compliance
New FAQs on HK suitability requirements a “positive development” for private banks
Extradition push sparks fears of HK asset outflows
PBs must improve digital surveillance as regulators crack down
