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September Regulatory Round-up: China’s ICO ban may benefit HK and SG; SFC “shifts focus” to corporate governance

HKMA chief executive Norman Chan said today that the regulator will “take the lead and help the banking sector to rise to a higher level” by embracing the opportunities arising from the convergence of banking and technology. Indeed, shortly after regulators in China took a hardline approach to initial coin offerings (ICOs), regulators in Hong Kong and Singapore moved quickly…

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