2023 SFC Regulatory Update Newsletter In 2023, the Securities and Futures Commission (“SFC”) has continued to demonstrate proactive regulatory oversight in fulfilling its mandates as an industry regulator. This Newsletter outlines key regulatory updates issued by the SFC, encompassing Consultation...

2023 MAS Regulatory Update Newsletter The Monetary Authority of Singapore (“MAS”) demonstrated its determination to preserve Singapore as a leading financial services capital in the region and attract investment from funds and global investment management firms. In this report, we...

Hong Kong & Singapore Funds Matrix (OFC v LPF v VCC) Hong Kong and Singapore have established themselves as global centers for investment and wealth management. Regulatory authorities in both jurisdictions have designed different investment vehicles to cater to various...

MAS’ Regulatory Landscape for Stablecoins In December 2019 through a consultation paper (Consultation on the Payment Services Act 2019 – Scope of E-money and Digital Payment Tokens), MAS sought views on the regulation of digital payment tokens and e-money. At...

Proposed Transition Arrangements for RFMCs in Singapore On 24th October 2023, Singapore’s Monetary Authority of Singapore (“MAS”) issued a Consultation Paper seeking feedback on the proposed transitional arrangements for existing Registered Fund Management Companies (“RFMCs”) that intend to continue operating...

Mitigating Cybersecurity Risks and Potential Threats Financial institutions face numerous cybersecurity risks and potential threats in today’s digital age. With the increasing reliance on technology and the interconnectedness of financial systems, these risks have become more sophisticated and pervasive. Financial...

SFC’s Proposal to Strengthen Enforcement Provisions In line with its mission to “strengthen and protect the integrity and soundness of Hong Kong’s securities and futures markets for the benefit of investors and the industry,” the Securities and Futures Commission (“SFC”...

U.S. SEC Examination Priorities 2024 On 16th October 2023, the Securities and Exchange Commission (“SEC”) in the United States of America (“U.S.”) issued its 2024 Examination Priorities Report (“Report”). PDF version: U.S. SEC Examination Priorities 2024 Introduction Examination Priorities for...