• Regulations
• Exclusive

October Regulatory Round-up: HK prepped for economic downturn; PB dual role of advisor and trustee comes into question; China continues to open onshore market

Hong Kong unperturbed by technical recession October was marked with the official announcement that Hong Kong has slipped into a technical ...

7 November 2019

• Regulations
• Exclusive

September Regulatory Round-up: Banks warned on liquidity risks; China removes quota control on two schemes

With trade and political uncertainties looming over multiple major markets over the past month, regulators have been reminding banks to ...

8 October 2019

• Fintech
• Regulations

MAS creates AI framework to promote responsible adoption in financial industry

• Regulations

UBS slapped with US$51m fine, condemns spread manipulators

• Regulations
• Exclusive

October Regulatory Round-up: HK prepped for economic downturn; PB dual role of advisor and trustee comes into question; China continues to open onshore market

• Fintech
• Regulations

HKMA stresses senior management accountability for AI-driven decisions

• Regulations

SFC publishes guidelines on LCs’ use of cloud storage

• Regulations
• Structured Products
• Exclusive

AMC suitability needs to be assessed on a “case by case” basis: Simmons & Simmons

• Regulations

Rewards for proper culture not yet reflected in PB payouts: Synpulse

• RegTech
• Regulations

Counter financing of terrorism the next priority in combating financial crimes: MAS

• Regulations

China opens market for wholly foreign-owned banks

• Industry
• Regulations

Banking system remains “robust and sound” despite significant downside risks: HKMA

• Regulations
• Trusts
• Exclusive

Looming judgment on ‘residual obligation’ puts spotlight on conflict of interest for PBs’ trusteeships

• Fintech
• Regulations

PBs lag in digital offerings as reg compliance prioritised

• Regulations
• Exclusive

September Regulatory Round-up: Banks warned on liquidity risks; China removes quota control on two schemes

• Industry
• Regulations
• Exclusive

PBs now much more prudent, well-equipped in face of economic downturn: Kroll

• Regulations
• Technology

MAS drives boost of cyber risk culture as attacks mount on financial industry

• Investments
• Regulations

HKMA reminds industry to take heed of credit risk amid 15% uptick in asset-backed loans

• Regulations

HK’s banking industry is more safe and resilient than ever: Norman Chan

• Industry
• Regulations

Noah’s Canadian subsidiary obtains local IFM licence