Financial Services Regulatory Update 2019/12/20

  • China Greenlights Majority Shares for Foreign Firms in Insurance Joint Ventures
  • The Stock Exchange of Hong Kong Limited Seeks Views on Review of Listing Regime for Debt Issues to Professional Investors Only
  • Hong Kong Privacy Commissioner for Personal Data Publishes Investigation Report on TransUnion Limited Data Breach Incident
  • Hong Kong Monetary Authority Issues Circular on Managing ML/TF Risks Associated with Virtual Assets and Virtual Asset Service Providers
  • Australian Securities and Investments Commission Consults on Guidance for the New Product Design and Distribution Obligations
  • Australian Securities and Investments Commission Bans Unfair Cold Call Sales of Direct Life Insurance and Consumer Credit Insurance
  • Australian Securities and Investments Commission Updates Responsible Lending Guidance
  • Abu Dhabi Global Market Publishes Public Consultation on Proposed Amendments to a Various ADGM Commercial Legislation
  • China Further Improves Environment for Foreign Investment
  • Eurex Exchange Enhances European ETF Ecosystem with New Product
  • United Kingdom Financial Regulators Publish Consultation Papers on Building Operational Resilience
  • Hong Kong Exchanges and Clearing Limited to Enhance Pre-opening Session and Volatility Control Mechanism in its Securities Market
  • HKMC Insurance Limited Introduces SME Financing Guarantee Scheme – 90% Guarantee Product
  • The Stock Exchange of Hong Kong Limited Issues Announcement in Relation to the Cancellation of Listing of China Huishan Dairy Holdings Company Limited
  • The Stock Exchange of Hong Kong Limited Publishes ESG Guide Consultation Conclusions and its ESG Disclosure Review Findings
  • The Listing Committee of The Stock Exchange of Hong Kong Limited Censures Artini Holdings Limited for Breaching the Listing Rules
  • U.S. Securities and Exchange Commission Charges Ericsson with Foreign Corrupt Practices Act Violations
  • MetLife Inc. Pays US$10 Million to Settle U.S. Securities and Exchange Commission’s Charges for Longstanding Internal Control Failures
  • Hong Kong Securities and Futures Commission Bans W. Falcon Asset Management (Asia) Limited’s Former Chairman for Life and Ex-CFO for Three Years
  • Hong Kong Securities and Futures Commission Releases the Findings of its Survey on Environmental, Social and Governance, Climate Change and Asset Management
  • Hong Kong Securities and Futures Commission Concludes Consultation on Margin Requirements for Non-centrally Cleared OTC Derivatives
  • Shenzhen Stock Exchange Issues Business Rules and Guidelines Regarding Stock Options
FS_Regulatory_Update_JML_20191220

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Financial Services Regulatory Update 2019/12/06

  • China Offers All Investors Greater Business Access
  • Hong Kong Securities and Futures Commission Issues Circular in Relation to the Clearing and Record Keeping Rules for the OTC Derivatives Regime – Changes to the List of Persons Designated as Financial Services Providers
  • Singapore Exchange Regulation Proposes to Remove Minimum Trading Price Rule
  • Hong Kong Exchanges and Clearing Limited Signs Memorandum of Understanding with Shanghai Shipping Exchange
  • U.S. Securities and Exchange Commission Proposes to Modernize Regulation of the Use of Derivatives by Registered Funds and Business Development Companies
  • U.S. Commodity Futures Trading Commission Orders Goldman Sachs & Co. LLC to Pay US$1 Million for Recordkeeping Violations
  • Financial Conduct Authority of the United Kingdom Bans Promotion of Speculative Mini-bonds to Retail Consumers
  • Australian Securities and Investments Commission Reports on Compliance with Financial Advice Fee Disclosure Obligations
  • Shanghai Stock Exchange Issues Notice of Publicly Soliciting Opinions on “SSE Implementation Measures on Shanghai-Hong Kong Stock Connect Business (2nd Amendment in 2019, Draft for Comment)”
  • Dubai Financial Services Authority Issues Consultation Paper for SME Listings
  • Ontario Securities Commission of Canada Makes Doing Business Easier for Ontario Market Participants
  • Cyprus Securities and Exchange Commission Consults on the Introduction of Investment-based Crowdfunding Rules
  • Swiss Financial Market Supervisory Authority Adopts New Approaches on Value Adjustments for Default Risks
  • The GEM Listing Committee of Stock Exchange of Hong Kong Limited Criticizes Mr. Guo Xia William, Executive Director and Chairman of China Health Group Inc. for Breaching the GEM Listing Rules and the Director’s Undertaking
  • The First A-share Private Placement Convertible Bond Successfully Issues on Shenzhen Stock Exchange
  • Shanghai Stock Exchange Releases Notice of “SSE Rules for Reviewing Significant Asset Reorganization of Listed Companies on SSE STAR Market”
FS_Regulatory_Update_JML_20191206

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