Financial Services Regulatory Update 2022/12/23

  • Hong Kong Securities and Futures Commission Clarifies Virtual Asset Policy by Statement on Virtual Asset Arrangements Claiming to Offer Returns to Investors
  • Hong Kong Financial Services and the Treasury Bureau Publishes Consultation on Enhancing Regulation of Crowdfunding Activities
  • Hong Kong Securities and Futures Commission Announces the Launch of Investor Identification Regime in March 2023
  • Hong Kong Government Launches Pilot Green and Sustainable Finance Capacity Building Support Scheme
FS_Regulatory_Update_JML_20221223

PDF Version

Financial Services Regulatory Update 2022/05/20

  • Directors’ Duties to Avoid Frustrating Action During a Public Takeover
  • The Financial Reporting Council of Hong Kong Concludes that a Listed Entity Failed to Properly Account for the Interests in Two Investees and its Auditor Failed to Identify the Misstatements
  • The Financial Reporting Council of Hong Kong Finds that an Auditor Failed to Obtain the Evidence Needed to Evaluate the Measurement and Impairment Assessment of Goodwill arising from an Acquisition
FS_Regulatory_Update_JML_20220520

PDF Version

Financial Services Regulatory Update 2021/05/14

  • Financial Conduct Authority of the United Kingdom Sets Out Proposals to Strengthen its Financial Promotion Rules for High-Risk Investments
  • The Stock Exchange of Hong Kong Limited Announces the Cancellation of Listing of REXLot Holdings Limited (In Liquidation) (Stock Code: 555)
  • The Stock Exchange of Hong Kong Limited Implements Disciplinary Action against Six Directors of Youyuan International Holdings Limited (delisted, previous Stock Code: 2268)
  • Hong Kong Securities and Futures Commission Announces the Launch of Grant Scheme for Open-ended Fund companies and Real Estate Investment Trusts
  • Hong Kong Market Misconduct Tribunal Sanctions China Medical & HealthCare Group Limited and its Directors for Late Disclosure of Inside Information
  • U.S. Commodity Futures Trading Commission Issues Order of Registration to Mercado Mexicano de Derivados, S.A. de C.V., to Permit Trading by Direct Access from the U.S.
  • U.S. Securities and Exchange Commission Charges Under Armour Inc. With Disclosure Failures
  • U.S. Securities and Exchange Commission Charges Broker-Dealer for Failures Related to Filing Suspicious Activity Reports
  • U.S. Securities and Exchange Commission Approves Registration of First Security-Based Swap Data Repository; Sets the First Compliance Date for Regulation SBSR
  • Singapore Exchange Regulation, NUS Business School, KPMG in Singapore Study Shows ESG, Particularly Climate, Important in Key Financial Institutions’ Asset Allocation, Lending and Underwriting
  • Financial Conduct Authority of the United Kingdom Fines Sapien Capital Ltd for Serious Financial Crime Control Failings in Relation to Cum/ex Trading
  • Australian Securities and Investments Commission Commences Civil Proceedings against Westpac for Insider Trading
  • Australian Securities and Investments Commission Takes Court Action to Wind-up PE Capital Funds Management Ltd and Managed Investment Schemes
  • Shenzhen Stock Exchange Releases Business Guidelines for Review of Stock Issuance and Listing on the ChiNext Board No. 1 – On-site Supervision of Sponsorship Business
  • Shenzhen Stock Exchange Improves Review Procedures for Mergers and Acquisitions on ChiNext Board
  • Shenzhen Stock Exchange Initiates Disciplinary Procedures for Steyr’s and Northcom’s Failure to Disclose Periodical Reports on Time
  • Shanghai Stock Exchange Specifies Key Concerns of Corporate Bond Review
FS_Regulatory_Update_JML_20210514

PDF Version

Financial Services Regulatory Update 2019/04/26

  • Market Misconduct Tribunal Fines Fujikon, its Chief Executive Officer and Chief Financial Officer HK$1.5 Million in Total for Late Disclosure of Inside Information Following Proceedings Brought by Hong Kong Securities and Futures Commission
  • Hong Kong Securities and Futures Commission Reprimands and Fines Nine Masts Capital Limited HK$1.2 million over Naked Short Selling
  • Hong Kong Securities and Futures Commission Bans Former Responsible Officer of Guosen Securities (HK) Brokerage Company Limited for 10 Months
  • Hong Kong Monetary Authority and Securities and Futures Commission Adopt a Coordinated Approach to Supervise Banks and Licensed Corporations
  • Hong Kong Monetary Authority Issues Circular on Introduction of Tiered Account Services
  • Hong Kong Monetary Authority and China Export & Credit Insurance Corporation Sign Memorandum of Understanding on Infrastructure Financing Facilitation
  • U.S. Securities and Exchange Commission Charges Former Woodbridge Group of Companies LLC Directors of Investment with Fraud
  • Silicon Valley Company Settles U.S. Securities and Exchange Commission’s Fraud Charge for Misstating Returns to Investors
  • Monetary Authority of Singapore Reprimands Mr Tan Choon Wee for the Omission of Information in a Capital Markets Services License Application and Failing to Discharge his Duty and Function as Chief Executive Officer and Director
  • Monetary Authority of Singapore Responses to Inquiries on Retail Bonds
  • Institute of Banking and Finance Singapore-Monetary Authority of Singapore Study Identifies Skills for More Competitive Financial Sector Workforce
  • Financial Conduct Authority of the United Kingdom Updates on Brexit Delay
  • Financial Conduct Authority of the United Kingdom Sets out its Priorities for 2019/20
  • Highlights of Speech by Andrew Bailey, Chief Executive of Financial Conduct Authority of United Kingdom, at Bloomberg, London on the Future of Financial Conduct Regulation
  • China Financial Futures Exchange Further Adjusts Rules for Stock Index Futures Trading
  • Australian Securities and Investments Commission Warns of Some Australian Financial Service Licensees Breaking Overseas Laws
  • Australian Securities and Investments Commission Surveys Highlight Continued Growth in Innovative Funding Platforms
  • Citigroup Refunds Over AUD3 Million to Clients Following an Australian Securities and Investments Commission Investigation
  • Australian Securities and Investments Commission Warns Trustees about Protecting Your Super Laws and Provides Guidance for Consumers
  • New Zealand Changes the Financial Advice Regulations
  • German Federal Financial Supervisory Authority Signs New Memorandum of Understanding with Prudential Regulatory Authority and Financial Conduct Authority of the United Kingdom to Regulate Supervisory Cooperation after Brexit
  • Italian Companies and Exchange Commission Approves 2019-2021 Three-year Strategic Plan
  • United Arab Emirates Abu Dhabi Global Market Strengthens Regulatory Supervision with Enhanced Anti-Money Laundering Regime
  • Dutch Authority for the Financial Markets Takes National Measures to Prohibit Binary Options and Restrict the Marketing or Sales of Contract for Difference
  • Swiss Financial Market Supervisory Authority Joins the Network for Greening the Financial System
  • Canadian Securities Administrators Signs Co-operation Agreement with Financial Conduct Authority of the United Kingdom
  • U.S. Commodity Futures Trading Commission Charges Foreign Exchange Trading Firms and Principals in US$75 Million Fraud
  • China and Japan Sign ETF Connectivity Agreement at Capital Markets Forum in Shanghai
  • European Banking Authority Publishes Opinion on the Nature of Passport Notifications for Agents and Distributors of E-money
  • Hong Kong Mortgage Corporation Limited and China Export & Credit Insurance Corporation Sign Memorandum of Understanding on Infrastructure Financing Co-operation
  • Cayman Islands Launches Public Consultation on Amendment to Securities Law
  • Privacy Commissioner for Personal Data, Hong Kong Releases Shopping Mall Membership Programs Compliance Checks Report
  • SIX Swiss Exchange and Shanghai Stock Exchange Sign an Updated Memorandum of Understanding
  • Shanghai Stock Exchange Releases its 2018 Social Responsibility Report
  • Shenzhen Stock Exchange and Stock Exchange of Thailand Sign Memorandum of Understanding on SME Capital Market Service

 FS_Regulatory_Update_JML_20190426

PDF Version