Tag Archives: Hong Kong Securities and Futures Commission (SFC)
SFC to enhance open-ended fund company scheme after muted response
Mindful Wealth re-domiciles its Avenida CLO Equity Fund to Singapore
Risk management paramount for intermediaries: SFC
HKMA advocates stronger PWM industry
SFC rolls out licensing guidance for family offices and PE firms
Regulatory trends in 2019
What you may have missed over the holidays
SFC prods asset managers on climate change risks
November Regulatory Round-up: Final judgment on scope of “anti-Bartlett” clause; UBS fined for spread overcharges; Regulators launch AI frameworks as bank adoption increases
HK regulators redesigning city as Asia’s preferred AM hub
SFC warns against misuse of private funds and discretionary accounts
MAS to formalise reference checks for ‘rolling bad apples’ to strengthen public trust
UBS fined S$11.2 million by MAS on spread overcharges, transparency issues
UBS slapped with US$51m fine, condemns spread manipulators
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
How to train your AI: Expert chimes in on proper public cloud usage for PBs
SFC publishes guidelines on LCs’ use of cloud storage
PBs must “clearly differentiate” execution-only and advisory services to spur advisory uptake in Asia: Synpulse
September Regulatory Round-up: Banks warned on liquidity risks; China removes quota control on two schemes
SFC bans former BoCom VP for life
SFC licensing reform encourages bad apples to stay put
SFC fines HSBC HK$1.2 million for breaching telephone recording rules
SFC launches data analytics platform to identify key risks
HKMA’s new LAC rules favour brokerages over banks
Fund liquidity risk management is key amid increasing volatility: SFC
AML-related breaches tripled YoY in Q2: SFC
SFC bans former UBS client advisor for life
Hong Kong’s PB, PWM AUM declined in 2018: SFC
Regulatory differences emerge between Hong Kong, EU suitability rules
PBs can look to SFC expectations for remote onboarding to comply with HKMA rules
HKMA further extends suitability deadline for select products
June Regulatory Round-up: New FAQs on suitability requirements; SFC fines Credit Suisse for disclosure misconduct; FATF releases HK AML evaluation
SFC recognises fintech’s role in remote onboarding
PBs need further guidance on reporting investigative actions in licensing forms
“Very strong” demand for cross-border testing platform of global regulatory group
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
SFC releases thematic review on prime brokerage services
May Regulatory Round-up: “Vague” rules cause compliance complications; Concerns over new misconduct reporting laws; Revamp fintech, processes to achieve compliance
Market fragmentation is key concern amongst global regulators: ASIFMA
PBs adopt portfolio suitability approach to “take full advantage” of HKMA flexibility
SFC inks MoU with the Netherlands on mutual recognition of funds
Client facilitation trading lacks transparency: SFC
Enforceability “not an issue” once green finance standards kick in
Potential conflicts emerge as regulators crack down on misconduct reporting
