Financial Services Regulatory Update 2018/03/30

30MarApril 1, 2018 By JML

Hong Kong Regulators Consult on Further Enhancements to the Over-The-Counter Derivatives Regulatory Regime
The Hong Kong Securities and Futures Commission’s Regulatory Action Halts Initial Coin Offer to Hong Kong Public
The Hong Kong Securities and Futures Commission Identifies Continued Deficiencies in Sponsor Work
Hong Kong’s Requirement for Publication of Full Property Valuation Reports on the Stock Exchange Website When Summary Valuation is Included in Takeovers Code Document
The Hong Kong Securities and Futures Commission Concludes Consultation on Online Platforms and Further Consults on Offline Requirements for Complex Products
Hong Kong Stock Exchange’s Guidance on Why the Exchange Returned Certain Listing Applications (HKEX-LD119-2018)
Hong Kong Stock Exchange’s Guidance on Why the Exchange Returned Certain Listing Applications (HKEX-LD120-2018)
HKMA’s Enhanced Competency Framework on Anti-Money Laundering and Counter-Financing of Terrorism
HKMA’s Implementation Guidance on Securitization Framework under Banking (Capital) Rules
Notice on The Publication of Guidelines for the Employees’ Performance in Banking Financial Institutions Issued by China Banking Regulatory Commission
India’s Changing Financial Landscape
U.S. Securities and Exchange Commission Stops Ponzi-Schemer Targeting Retail Investors and Obtains Preliminary Injunction and Asset Freeze

Financial Services Regulatory Update 2018/03/16

16MarAugust 18, 2018 By JML

The Japanese Financial Service Agency’s Summary Points from Strategic Directions and Priorities 2017-2018
China Banking Regulatory Commission’s Opinion on Further Supporting the Innovation of Capital Instruments of Commercial Banks
The Hong Kong Securities and Futures Commission and The Stock Exchange of Hong Kong Sign Addendum to Memorandum of Understanding Governing Listing Matters
Third SFC Regulatory Forum Discusses Hong Kong’s Competitiveness
The Hong Kong Securities and Futures Commission Publicly Criticizes Nomura International (Hong Kong) Limited and Lee Yuen Yee, Annisa for Breaches of the Takeovers Code in Publishing Irregular Research Reports During a Potential Offer
Monetary Authority of Singapore Imposes Anti-Money Laundering and Counter-Terrorist Financing Requirements on the Intermediaries of Virtual Currencies
Monetary Authority of Singapore Promotes Responsible Recruitment in the Financial Advisory Industry

02MarMarch 3, 2018 By JML

SEHK Launches Director Training Webcast on IPOs
HKMA’s Amendments to “Guideline on Anti-Money Laundering and Counter-Terrorist Financing”
Hong Kong SFC’s Enforcement Priorities for 2018
Hong Kong Court Orders Titan’s Former Senior Executive and His Mother to Make Payments to Investors Over Insider Dealing in Titan Shares
Hong Kong SFC Obtains Disqualification and Compensation Orders Against Former Chairman and Directors of Starlight Culture Entertainment Group
SEHK’s Consultation Paper Seeking Public Feedback on Proposed New Rules to Expand Hong Kong’s Listing Regime for Emerging and Innovative Companies
New Hong Kong Requirements for Companies to Keep Significant Controllers Registers Commence Operation
New Hong Kong Licensing Regime for Trust or Company Service Providers Commences Operation
Notice of China Insurance Regulatory Commission Regarding the Issuance and Publication of Guideline Against Insurance Fraud
Singapore’s MAS Proposes Regulations on the Trading of OTC Derivatives in Organized Markets
U.S. SEC Charges Former Bitcoin-Denominated Exchange and Operator With Fraud

28FebJuly 20, 2018 By JML

19FebMarch 3, 2018 By JML

15FebMarch 3, 2018 By JML

Hong Kong Monetary Authority’s Revised Guideline on Authorization of Virtual Banks
Hong Kong Monetary Authority’s Circular on Distribution of Fixed Income and Structured Products
Hong Kong Court Orders Qunxing and Former Directors to Compensate Investors Over Disclosure of False or Misleading Information
Hong Kong’s Standing Committee on Company Law Reform Issued its Annual Report
Hong Kong Securities and Futures Commission Reprimands and Fines Credit Suisse (Hong Kong) Limited, Credit Suisse Securities (Hong Kong) Limited and Credit Suisse AG $39.3 million for Regulatory Breaches
Shenzhen Stock Exchange Optimizing Shareholder Information Disclosure Channels and Deepening Capital Market Service
The State Council Information Office of the People’s Republic of China Held Press Conference on Judicial Administration Reform and Other Issues
Regulations on Insurance Brokers Published by China Insurance Regulatory Commission
The 2018 Work Conference of People’s Bank of China in Beijing
U.S. SEC’s Office of Compliance Inspections and Examinations Announces 2018 Examination Priorities

09FebFebruary 19, 2018 By JML

02FebFebruary 6, 2018 By JML

HKEX Lays Out Key Plans for 2018
SEHK Publishes Guidance Letters on Pricing Flexibility for IPOs and Placing Tranche Reallocation in IPOs
Hong Kong SFC’s Circular to Licensed Corporations on Best Execution
Hong Kong SFC Identifies Compliance Failures in the Distribution of Fixed-income and Structured Products
China Securities Regulatory Commission: Pay Close Attention to Outstanding Issues of Speculation of Highly-priced Shares and Concept Companies’ Shares
China Securities Regulatory Commission Will Adopt Supervision Measures Against Six Securities Firms and Three Fund Companies
Eight Ministries of China Jointly issued the Guiding Opinions on Improving and Strengthening Marine Economic Development in Financial Services
Seven Ministries of China Jointly Issued a Circular to Support All Types of Enterprises to Carry Out Market-Oriented Debt-to-Equity Conversion
U.S. Securities and Exchange Commission Invites Regulated Entities to Voluntarily Submit Self-Assessments of Diversity Policies and Practices