
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
