Tag: Hong Kong Securities and Futures Commission (SFC)
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
April Regulatory Round-up: APAC regulators maintain AML focus; bank culture requires practical enforcement; concerns over conflicting cross-border regulations
HK regulators urge Mainland FIs to review risky financial arrangements
SFC’s latest statement on STOs is a “step in the right direction”: FTAHK
SFC’s updated FAQs limit scope of new suitability rules
SFC extends deadline for revised suitability rules
SFC considers PWMA’s suggestion to extend suitability rules deadline
February Regulatory Round-up: Australia’s Banking Royal Commission draws to a close, Deadline for SFC’s suitability rules looms, MAS launches fintech guidance
PBs worry SFC’s new suitability rules will “kill” execution-only business
Product complexity “does not necessarily mean higher risk”: ALFI
OFC regime in Asia promotes collaboration with Europe’s fund industry: ALFI
Banks struggle to implement SFC’s new due diligence requirements
2019 regulatory outlook: What’s in store for Asia’s private banks?
MRF lays “good foundation” for recognition of UK-domiciled funds amid Brexit: SFC
SFC signs MoU with Luxembourg on mutual recognition of funds
Varied client communication channels put banks at risk
Key regulatory trends in 2018
November Regulatory Round-up: New tax initiatives in China and Malaysia; SFC implements FMCC; regulators introduce several fintech rules
SFC receives “largely supportive” response for its “front-loaded” approach: Ashley Alder
HK Fintech Week & Singapore Fintech Festival: 2018 wrap-up
Cybersecurity breaches highlight risks of centralised data stores
Revised FMCC rules may squeeze out smaller fund managers
Hong Kong and UK regulators adopt diverging enforcement styles
New SFC rules an encouraging step forward for crypto
October Regulatory Round-up: Regulators play fintech balancing act
SFC leverages ‘suptech’ and collabs to improve market supervision
SFC finalises amendments on AML guidelines to facilitate virtual onboarding
SFC leverages data analytics to improve market surveillance
SFC and FCA sign MRF deal
SFC pushes for complex product suitability checks despite doubts from industry
SFC launches green finance strategic framework
SFC exploring B2B fund exchange platform to broaden distribution chain
PBs face “huge challenge” to meet online suitability requirements
HKMA taking “risk-based approach” to regulating online and offline investments
MAS finalises details to launch new variable capital company structure
SFC appoints veteran tax accountant as new chairman
August Regulatory Round-up: Rulings on GFC mis-selling claims released; increasing compliance can be risky
HKMA eases suitability requirements to facilitate online sales
HKMA offers sanction cuts to co-operative institutions
SFC’s on-site inspections reveal increase in Code of Conduct breaches
July Regulatory Round-up: OFC structure launches in Hong Kong; AML remains focus of compliance
SFC implements open-ended fund company structure
HK’s private wealth AUM reached HK$7.8 trillion in 2017: SFC
