Financial Services Regulatory Update 2019/08/16

  • Hong Kong Securities and Futures Commission Issues Statement on Backdoor Listings and Shell Activities
  • Hong Kong Securities and Futures Commission Bans Tu Bing for Life
  • Hong Kong Monetary Authority Announces the Implementation Progress and the Future Plans for the Open Application Programming Interface Framework for the Hong Kong Banking Sector
  • Hong Kong Exchanges and Clearing Limited Welcomes Public Consultation by Shanghai Stock Exchange and Shenzhen Stock Exchange on WVR-Related Rules Changes
  • Hong Kong Exchanges and Clearing Limited Rolls out USD London Metal Mini Futures to Expand London Metal Exchange Trading in Asian Time Zone
  • Hong Kong Exchanges and Clearing Limited Introduces Weekly Index Options from September 16, 2019
  • The Stock Exchange of Hong Kong Limited Publishes Conclusions on Proposed Rule Changes Associated with Backdoor Listing and Shell Activities to Strengthen Long-Term Health, Quality and Sustainability of the Market
  • The Stock Exchange of Hong Kong Limited Announces Stock Connect Inclusion Arrangements for A+H Companies Listed on Star Market
  • The GEM Listing Committee of Stock Exchange of Hong Kong Limited Censures Mr Liang Jian Heng, a Former Controlling Shareholder of Wan Cheng Metal Packaging Company Limited, for Breaching the GEM Listing Rules and the Director’s Undertaking
  • The Listing Committee of Stock Exchange of Hong Kong Limited Censures a Number of the Current Directors of Amax International Holdings Limited for Breaching the Listing Rules and the Director’s Undertaking
  • Stock Exchange of Hong Kong Limited Publishes Consultation Paper on Codification of General Waivers and Principles Relating to IPOs and Listed Issuers and Minor Rule Amendments
  • Former Real Estate Investment Trusts Manager and Executives Settle U.S. Securities and Exchange Commission Charges for More Than US$60 Million
  • U.S. Securities and Exchange Commission Proposes to Modernize Disclosures of Business, Legal Proceedings, and Risk Factors Under Regulation S-K
  • Financial Conduct Authority of the United Kingdom Launches Consultation Guiding Firms on the Fair Treatment of Vulnerable Customers
  • Financial Conduct Authority of United Kingdom Fines Standard Life Assurance Limited £30 Million for Non-Advised Pension Sales Failures
  • Financial Conduct Authority of United Kingdom Announces Extension to its Use of the Temporary Transitional Power
  • Financial Conduct Authority of the United Kingdom Provides Clarity on Current Cryptoassets Regulation
  • European Securities and Markets Authority Consults on Performance Fee Guidelines for Retail Funds
  • European Securities and Markets Authority Readies Stress Testing Requirements for Money Market Funds
  • Singapore and Kenya Establish Cooperation on Developing Digital Infrastructure
  • Monetary Authority of Singapore Issues New Rules to Strengthen Cyber Resilience of Financial Industry
  • Monetary Authority of Singapore Launches Sandbox Express for Faster Market Testing of Innovative Financial Services
  • People’s Bank of China Official Interprets Measures for Further Opening Up of the Financial Sector
  • Shenzhen Stock Exchange and Shanghai Stock Exchange Publish 2019 Q2 Report on Stock pledged Repo Risk Analysis
  • Australian Securities and Investments Commission Consults on New Guidance for Companies on Whistleblower Policies
  • Australian Securities and Investments Commission Sues Australia and New Zealand Banking Group Limited for Misrepresentations and Unconscionable Conduct over Account Fees
  • Financial Action Task Force Updates its Risk-based Approach Guidance
  • Vietnam Launches Government Bond Futures at the Hanoi Stock Exchange
  • Swiss Financial Market Supervisory Authority Reviews Effectiveness of the “Direct transmission” Circular
  • Abu Dhabi Global Market Welcomes Digital Bank Applications to its International Financial Center
  • Abu Dhabi Global Market Releases Regulatory and Governance Regime for Robo-Advisors
  • Abu Dhabi Global Market Deepens Financial Collaborations and Economic Ties with Key Institutions in China
  • Dubai Gold & Commodities Exchange Signs Memorandum of Understanding with Multi Derivatives Exchange Nepal
  • Insurance Authority of Hong Kong Publishes Consultation Conclusions of the Guidelines on “Fit and Proper” Criteria and Continuing Professional Development Requirements for Licensed Insurance Intermediaries
  • The Stock Exchange of Hong Kong Limited Issues Announcement in Relation to the Matter of China Nonferrous Metals Company Limited Cancellation of Listing
  • Hong Kong Securities and Futures Commission Reprimands and Fines Sincere Securities Limited HK$5 Million for Internal Control Failings
  • Shanghai Stock Exchange Terminates STAR Market IPO Review of Relevant Companies by Law
FS_Regulatory_Update_JML_20190816

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