Tag Archives: Simmons & Simmons
October Regulatory Round-up: Ambiguity remains after GBA WM Connect launch; PWM firms spend most reg resources on suitability compliance; Hong Kong eyes tax concessions to boost FO appeal
GBA Wealth Management Connect raises questions over cross-border marketing
March Regulatory Round-up
SFC reminds intermediaries to act in the best interests of clients when trading highly volatile securities
PBs should prepare for stronger regulatory emphasis on compliance in 2021
Singapore accountability regime possibly more “operational heavy” than Hong Kong
A third of Asia’s private credit investors are FOs, HNWIs: ACC report
March Regulatory Round-up: SFC postpones regulatory deadlines; Asian banks eager to close gap in AML compliance; Force majeure clause may affect PB trading contracts; Regulators scrutinise price transparency at PBs
Force majeure clause may affect PB trading contracts
Banks grapple with employment issues in COVID-19 crisis
AMC suitability needs to be assessed on a “case by case” basis: Simmons & Simmons
SFC licensing reform encourages bad apples to stay put
HKMA guidance on loss-absorption products relaxes rules, stirs uncertainty
Revised UT Code unifies disclosure standards of SFC-authorised products
Aligning interests more important than going retrocession-free: Credit Suisse
PI definition likely to expand
Banks struggling to comply with MAS’s new 610 regulation
2018 regulatory outlook: what should Asia’s private banks watch out for?
BoS ruling shows courts are finally taking SFC regulations seriously: lawyer
Robos may need to report regularly to regs due to suitability requirements
Post-1MDB, banks and MAS must “collaborate” to bolster AML control framework
Shared KYC database “a step in the right direction”, but legislative changes necessary
New suitability requirements enforced with questions unanswered, say lawyers
To encourage fintech growth, Hong Kong’s regulators should “take a step back”, says law firm
Singapore regulators likely to become “more active” in AML space, says law firm
SFC’s incoming client suitability clause: the impact on mis-selling claims and on RM selling processes
Experts predict impact of SFC’s suitability clause on PBs
