Insight and News – Global Compliance Company

Walmart has unveiled a range of initiatives aimed at reducing packaging waste associated with online [...]

Toyota To Invest $2 Billion in U.S. EV Battery Plant To Drive Toward Carbon Neutrality

Toyota has unveiled its plans to manufacture an all-new, three-row, battery electric SUV at its [...]

List of Authorized Institution-related Trustees

The Hong Kong Monetary Authority (HKMA) has launched a list of authorized institution (AI)-related trustees [...]

Microsoft and Accenture Welcome Project Amplify’s Third Cohort of Social Impact Startups

Microsoft and Accenture have announced the third cohort of their Project Amplify program, which is [...]

World Bank Approves $400 Million to Increase Dominican Republic Green and Affordable Energy

The World Bank has approved a $400 million loan for the Dominican Republic to support [...]

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REGULATORY UPDATES

Lastest Topics Regulatory Updates

List of Authorized Institution-related Trustees

The Hong Kong Monetary Authority (HKMA) has launched a list of authorized institution (AI)-related trustees on its website to help the public identify and access information on them. This comes after the HKMA issued a Supervisory Policy Manual (SPM) module and Code of Practice for Trust Business in May 2022, [...]

Lastest Topics Regulatory Updates

The HKMA issued a letter on 31 May 2023 to consult the banking industry on implementation of Basel III final reform package – credit risk and output floor

This consultation document assumes that the rules created by the Monetary Authority under section 97C of the Banking Ordinance will be entitled the Banking (Capital)(Amendment) Rules 2023 (BCAR). The BCAR is divided into five parts, with Part 1 outlining the commencement arrangements for the different parts, Part 2 detailing the [...]

ENFORCEMENT

Enforcement Lastest Topics

SFC and Police joint operation against a suspect of illegal short selling and fraudulent activities

The Securities and Futures Commission (SFC) and the Commercial Crime Bureau of the Police conducted a joint search operation resulting in the arrest of an individual based in Hong Kong for suspected illegal short selling and fraudulent activities. The individual was arrested on suspicion of dealing with proceeds from an [...]

Enforcement Lastest Topics

Licence applicant convicted of providing false information to the SFC

May 29, 2023

Mr Sze Chun Wai has been convicted by the Eastern Magistrates’ Courts for providing false and misleading information in his application for a license to the Securities and Futures Commission (SFC) in January 2021. He did not reveal that he had been barred from working in an industry due to [...]

Enforcement Lastest Topics

Exchange’s Disciplinary Action against CT Vision S.L. (International) Holdings Limited (Stock Code: 994)

May 25, 2023

The Stock Exchange of Hong Kong Limited has censured against CT Vision S.L. (International) Holdings Limited (Stock Code: 994) for making fund transfers of approximately $114 million to Dr. Kan Hou Sek Jim, the former executive director of the Company and the director of the subsidiary, and his related parties [...]

WATCHLIST

QUOTE

But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level.

— John Bruton

INDUSTRY INSIGHTS

Industry Insights Lastest Topics

Regulatory Requirements on Records and the Era of Personal Data Privacy

May 10, 2023

Regulatory Requirements on Records and the Era of Personal Data Privacy -By Wilson Tam Records, in both written and electronic form, are essential for the intermediaries and other financial institutions to trace upon themselves and their [...]

EVENTS

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INDUSTRY INSIGHTS

Industry Insights Lastest Topics

Regulatory Requirements on Records and the Era of Personal Data Privacy

May 10, 2023

Regulatory Requirements on Records and the Era of Personal Data Privacy -By Wilson Tam Records, in both written and electronic form, are essential for the intermediaries and other financial institutions to trace upon themselves and their [...]

EVENTS

No event found!