Financial Services Regulatory Update 2019/05/10

  • Hong Kong Monetary Authority and Securities and Futures Commission Issue Consultation on Further Enhancements to the Over-the-counter Derivatives Regime
  • Retrial of Insider Dealing Case by Market Misconduct Tribunal after Hong Kong Court of Final Appeal Dismisses Leave Application to Appeal
  • Hong Kong Monetary Authority Publishes its Annual Report 2018
  • Hong Kong Monetary Authority Announces Next Steps of Global Financial Innovation Network Cross-border Testing Pilot
  • Hong Kong Monetary Authority Issues Circular on Use of Personal Data in Fintech Development
  • Hong Kong Monetary Authority and International Finance Corporation Host Seminar on Environmental, Social, and Governance and Impact Investing in Infrastructure
  • Roadshow for Potential Green Bond Offering by the Hong Kong Special Administrative Region Government
  • Hong Kong Monetary Authority Introduces Key Measures on Sustainable Banking and Green Finance
  • Hong Kong Monetary Authority Grants Virtual Banking Licenses
  • The Stock Exchange of Hong Kong Limited Updates and Streamlines Guidance Materials
  • Hong Kong Insurance Authority Publishes Consultation Conclusions on Rules Prescribing the Maximum Number of Authorized Insurers for Insurance Agents and the Minimum Requirements for Insurance Brokers
  • U.S. Securities and Exchange Commission Charges Truckload Freight Company with Accounting Fraud
  • U.S. Securities and Exchange Commission and Commodity Futures Trading Commission Issue Investor Alert: Watch Out for Fraudulent Digital Asset and “Crypto” Trading Websites
  • U.S. Securities and Exchange Commission Proposes to Improve Disclosures Relating to Acquisitions and Dispositions of Businesses
  • U.S. Securities and Exchange Commission Charges Sapphire Glass Manufacturer and Former CEO With Fraud
  • European Securities and Markets Authority Adopts Product Intervention Renewal Decision in Relation to Contracts for Differences
  • European Securities and Markets Authority Submits Technical Advice on Sustainable Finance to the European Commission
  • European Council Adopts Rules on Screening of Foreign Direct Investments
  • European Banking Authority Launches Consultation on Technical Standards on the Standardized Approach for Counterparty Credit Risk
  • Bank of Canada and Monetary Authority of Singapore Conduct Successful Experiment for Cross-border Payments Using Distributed Ledger Technology
  • Monetary Authority of Singapore Updates E-Payments User Protection Guidelines
  • Monetary Authority of Singapore Publishes Consultation Paper on the Proposed Implementation of the Final Basel III Reforms
  • Monetary Authority of Singapore Replies to Questions from the Parliament on Digital Payment Tokens
  • Singapore Exchange, United Overseas Bank Limited and the China Chamber of International Commerce Sign Memorandum of Understanding to Help Chinese Enterprises Use Singapore as a Launchpad for ASEAN Expansion
  • Financial Conduct Authority of the United Kingdom Publishes Statement on Delay to Publication of Final Rules for Contract for Differences Products and Contract for Differences-like Options
  • Financial Conduct Authority of the United Kingdom Sets out Progress and Next steps in Promoting Innovation in Financial Services
  • Financial Conduct Authority of the United Kingdom Begins Review of Financial Advice Market
  • Financial Conduct Authority of the United Kingdom Publishes Discussion Paper on Intergenerational Finance
  • Financial Conduct Authority of the United Kingdom Does Not Regulate Issuing Mini-bonds activity
  • Financial Conduct Authority of the United Kingdom Changes Mortgage Advice Rules to Encourage Consumer Choice
  • Financial Conduct Authority of the United Kingdom Encourages Policy Makers to Use Power of Attorney Guide
  • Shanghai Stock Exchange Revises Certain Articles of the Rules Governing the Listing of Stocks on Shanghai Stock Exchange
  • Australian Securities and Investments Commission Suspends Australasia Wealth Services and Management’s Australian Financial Services License
  • Australian Securities and Investments Commission Urges Financial Institutions to Plan for London Interbank Offered Rate Transition
  • Luxembourg Commission de Surveillance du Secteur Financier Publishes Circular on the “Third Country” National Regime under MIFID II/MiFIR
  • Financial Supervisory Authority of Finland Supervises Virtual Currency Providers
  • Vietnam Approves the Project “Restructuring of the securities market and the insurance market up to 2020 and orientation to 2025”
  • Thailand Securities and Exchange Commission Issues New Registered Capital Rules of Securities Companies
  • World Federation of Exchanges Publishes Annual Sustainability Survey
  • Dubai Financial Services Authority Invites Applications for its 2019 Regulatory Sandbox “Summer Cohort”
  • United Arab Emirates Signs Memorandum of Understanding with Abu Dhabi Global Market and International Bank for Reconstruction and Development to Establish the International Technology Center
  • Ras Al Khaimah Courts of United Arab Emirates and Abu Dhabi Global Market Courts Formulate Their Procedures for the Enforcement of Judgments
  • Autorité des Marchés Financiers Adopts a New Regime for Crypto-assets
  • International Tax Authority of the British Virgin Islands Publishes Economic Substance Code
  • Hong Kong Exchanges and Clearing Limited Signs Memorandum of Understanding with Shanghai Ganglian E-Commerce and Wuxi Stainless Steel Exchange
  • Hong Kong International Arbitration Center Becomes the First International Arbitration Institution Authorized to Administer Disputes in Russia
  • Hong Kong Privacy Commissioner for Personal Data Urges Organizations to Adopt the Three Data Stewardship Values of Data Ethics
  • Shenzhen Stock Exchange and Indonesia Stock Exchange Reach Consensus on Jointly Building a China-Indonesia SME Capital Market Service Plan
  • Shenzhen Stock Exchange and Dhaka Stock Exchange of Bangladesh Launch the Market Coordination Mechanism
  • Shenzhen Stock Exchange Holds Seminar on Local Government Bond ETFs
  • Hong Kong Mortgage Corporation Limited Launches Policy Reverse Mortgage Program
FS_Regulatory_Update_JML_20190510

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