FRG Asia Alerts
Updates on financial regulatory developments around Asia - as and when they happen. Take a look at our latest alerts below.
Q1 2021
- Singapore - Payment Services (Amendment) Bill is passed in Parliament
published 7 January 2021
Q4 2020
- Singapore: MAS consults on non-face-to-face identity verification requirements
published 1 December 2020 - Singapore: MAS consults on proposed capital requirements for locally incorporated RMOs
published 30 November 2020 - Singapore: Singapore's expansion of payment services regulation - a moving target for firms?
published 19 November 2020 - Hong Kong SAR: SFC Cyber Security Update for Internet Trading and Mobile Trading Apps
published 14 October 2020
Q3 2020
- Hong Kong SAR: HKMA Encourages Regtech Adoption and Looks at Conduct Risk Solutions
published 25 September 2020 - Singapore: MAS finalises its Best Execution regime
published 21 September 2020 - Hong Kong SAR: HKMA Requires Enhanced Transparency for Digital Lending Platforms
published 16 September 2020 - Hong Kong SAR: Family Offices in Hong Kong SAR – Professional Investor Status and Licensing Requirements
published 10 September 2020 - Hong Kong SAR: Insurance update on new licences application procedure and insurance group-wide supervision
published 26 August 2020 - Singapore: MAS calls on local banks to moderate FY2020 dividends
published 30 July 2020 - Singapore: Green expectations - MAS consults on environmental risk management guidelines
published 22 July 2020 - Hong Kong SAR: HKMA publishes findings on the Survey on Reform of Interest Rate Benchmarks
published 16 July 2020 - Hong Kong SAR: HKMA on green and sustainable banking
published 14 July 2020 - Singapore: FATF conducts review of revised standards on virtual assets and virtual asset service providers
published 14 July 2020 - Singapore: MAS rolls out streamlined foreign related corporations framework
published 5 July 2020 - Singapore: MAS issues Guide on the Payment Services Act 2019
published 2 July 2020
Q2 2020
- Hong Kong SAR: Latest HKMA Regtech Watch focuses on AML/CFT measures
published 12 June 2020 - Hong Kong SAR: HKMA publishes feedback after industry thematic review of AML and CFT control measures
published 9 June 2020 - Hong Kong SAR: HKMA report provides update on Bank Culture Reform
published 2 June 2020 - Hong Kong SAR: HKMA & SFC to review spread charges and trading capacity disclosures
published 22 May 2020 - Hong Kong SAR: Regulators get together to bolster green finance initiative
published 22 May 2020 - Singapore: Payment token derivatives - Singapore’s regulatory regime goes live
published 21 May 2020 - Hong Kong SAR: HKMA looks to 2020 with green finance, risk and tech
published 20 May 2020 - Hong Kong SAR: SFC reminder to manage cybersecurity risks associated with remote office arrangements
published 5 May 2020 - Hong Kong SAR: HKMA reduces Regulatory Reserve requirement by 50% for locally incorporated AIs
published 27 April 2020 - Hong Kong SAR: The SFC focuses on risk amidst volatile crude oil futures markets with circulars to commodity futures brokers and managers of ETF funds
published 27 April 2020 - Hong Kong SAR: Covid-19: HKMA and banking sector actions
published 24 April 2020 - Hong Kong SAR: SFC releases findings on survey on LFET activities and expectations on good industry practices applicable to LFET brokers
published 17 April 2020 - Singapore: MAS rolls out measures in support of financial institutions
published 9 April 2020
Q1 2020
- Hong Kong SAR: SFC Issues guidance for firms on issues related to COVID-19 difficulties
published 31 March 2020 - Hong Kong SAR: SFC and HKMA remind firms of client interests amidst COVID-19 outbreak
published 31 March 2020 - Hong Kong SAR: Latest HKMA Regtech Watch focuses on credit management
published 20 March 2020 - Global SAR: IOSCO publishes its final report on issues, risks and regulatory concerns relating to crypto-asset trading platforms
published 11 March 2020 - Hong Kong SAR: HKMA’s latest issue of Complaints Watch on dormant accounts and mental incapacity
published 10 March 2020 - Hong Kong SAR: HKMA expectations on algo-trading
published 10 March 2020 - Singapore: MAS consults on proposed requirements on insurers' charging of expenses to the participating fund
published 19 February 2020 - Hong Kong SAR | Singapore: IOSCO publishes guidance on regulating cryptoasset trading platforms
published 18 February 2020 - Singapore: MAS announces commencement of the Payment Services Act
published 10 January 2020 - Hong Kong SAR: GFIN fails to find suitable applicants in 2019 and reports on lessons learnt
published 23 January 2020 - Hong Kong SAR: HKMA on the results of the Central Bank Digital Currency project with Thailand
published 23 January 2020 - Singapore: MAS and ACRA launch Variable Capital Companies framework
published 16 January 2020 - Hong Kong SAR: HKMA speech promises conduct deep-dives
published 15 January 2020 - Hong Kong SAR: SFC on licences for private equity firms and family offices
published 10 January 2020
