- Altaba, Formerly Known As Yahoo!, Agreed to Pay US$35 Million to Settle Charges by U.S. Securities Exchange Commission for Failing to Disclose Massive Cybersecurity Breach
- Hong Kong’s Listing Regime Enters New Era, Featuring Emerging and Innovative Firms
- A Company’s Listing on China National Equities Exchange and Quotations and H Shares Market Made Possible
- Hong Kong Stock Exchange Updates Guidance Letter on Initial Public Offering Vetting and Suitability for Listing
- Hong Kong Monetary Authority’s Knowledge Kit for Independent Non-Executive Directors
- Hong Kong Securities and Futures Commission Reprimands and Fines CN Capital Management Limited and Responsible Officers HK$1.2 Million over Regulatory Breaches
- Shenzhen Stock Exchange Puts Emphasis on the Supervision of Disclosure to Fight Against Environmental Pollution
Year: 2018
Financial Services Regulatory Update 2018/04/13
- China to Further Open Financial Markets
- Four-time Enlargement of Daily Quota under Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
- Opening Remarks by Hong Kong Exchange and Clearing Limited (HKEX) Chief Executive Charles Li At Legislative Council Panel on Financial Affairs
- Importance of Responding to Enquiries by the Hong Kong Stock Exchange
- “Tips on Buying Insurance” Jointly Published by the Hong Kong Insurance Authority and Investor Education Centre
- China to Accelerate the Development of a Quality Banking Industry
- Keynote Address by Mr. Ong Ye Kung, Singapore’s Minister for Education (Higher Education and Skills) and Second Minister for Defense at the 12th ISAS International Conference on South Asia on April 6, 2018 – Strengthening Singapore-South Asia Cooperation
- U.S. Securities and Exchange Commission Orders Three Investment Advisers to Pay $12 Million to Harmed Clients
Financial Services Regulatory Update 2018/03/30
- 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
- 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
Financial Services Regulatory Update 2018/03/02
- 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
Hong Kong Licensed Corporations Alert 2018/02/28
Re-positioning Hong Kong’s Stock Markets
Financial Services Regulatory Update 2018/02/15
- 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
New Pricing Flexibility for Initial Public Offerings in Hong Kong
Financial Services Regulatory Update 2018/02/02
- 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
Financial Services Regulatory Update 2018/01/19
Financial Services Regulatory Update 2018/01/19
- China to Step Up Oversight Over the Banking Industry
- Singapore Corporate Governance Council Launches Public Consultation to Strengthen Corporate Governance
- CSRC to Deepen Reform of Local and Overseas Listing Systems and Bond Market this Year
- China’s PBOC to Give Abject Poverty Areas Priority in New Financial Capital and Services
- Hong Kong SFC Reprimands and Fines EFG Bank AG HK$2 Million
- Hong Kong SFC Releases Circular to Licensed Corporations and Associated Entities on Recommendations from JFIU regarding the Quality of Suspicious Transaction Reports (STR)
- Brazil: CVM Forbids Funds from Investing in Bitcoin and Other Crypto-currencies
- Amendments to Rules Regarding Stock Pledge and Repo Transactions by SZSE and CSDS
- European Securities and Markets Authority (ESMA) Publishes First MiFID II Position Management Controls for Commodity Derivatives
- EBA Publishes Final Guidelines on Disclosure Requirements of IFRS 9 Transitional Arrangements
- HKMA Launches Consultation on Rules for Loss-absorbing Capacity Requirements for Authorized Institutions under Financial Institutions (Resolution) Ordinance
- Hong Kong SFC Released Research Paper on Hong Kong ETF Market and Topical Issues in the ETF Space
CBRC Forbids Use of Entrusted Loans for Investment and Related Purposes - Hong Kong SFC’s Consultation Paper Proposes to Increase Voting Approval Thresholds to 75% for Whitewash Transactions and to Enhance Supervision and Enforcement Regarding Takeovers
Financial Services Regulatory Update 2018/01/05
- China Securities Regulatory Commission’s Pilot Scheme to Allow Selected Hong Kong-listed H-share Companies’ Shares to be Fully Tradeable
- China Insurance Regulatory Commission’s Consultation Papers on Management Measures to Further Improve the System of Independent Directors in Insurance Institutions
- Hong Kong Monetary Authority Signs Fintech Cooperation Agreement with Dubai Financial Services
- China Securities Regulatory Commission: Full Implementation of the New Auditor Reporting Standards
- United Kingdom Financial Conduct Authority Fines Tejoori £70k for Failing to Disclose Inside Information Asap
- United Kingdom Financial Conduct Authority’s Approach to Authorisation and Competition
- London Stock Exchange’s ELITE and Subsidiary of Shenzhen Stock Exchange SSIC, Sign MoU to Launch Business Support and Capital Raising Program in China
- China Securities Regulatory Commission and The Securities and Futures Commission Enter into a Memorandum of Understanding to Enhance Supervisory Assistance and Enforcement Cooperation in Futures Markets
- Hong Kong Securities and Futures Commission Provides Additional Guidance to Licensed Corporations on Establishing and Maintaining Prudential Risk Management Practices for Client Money, Liquidity and the Concentration Risks of Funding Sources Within Group-Affiliated Entities
- Amendments Made by the Shanghai Stock Exchange on the Format of Provisional Announcements to Improve the Accuracy of Information Disclosure