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Legal, Regulation & Compliance

09/23/2025

MAS fines Singlife for supervision failings, acts against ex-CEO

The Singapore regulator fined Singlife Financial Advisers for an array of failings, including training staff to missell products, and issued a prohibition order against its ex-CEO and two others.

09/19/2025

Joint press release by SPF, MAS, IMDA and GovTech on restricting access to facilities for scam mules

The scams situation continues to be of serious concern.

09/19/2025

Hong Kong eases info-sharing in banks’ anti-fraud push

The changes let banks share more information without fear of liability.

09/18/2025

SFC welcomes Chief Executive’s initiatives to reinforce Hong Kong as top financial centre

Plans to bring renminbi counters and real estate investment trusts into Stock Connect are also set to deepen the city’s connectivity with Mainland markets.

09/17/2025

Singapore couple sues ex-Julius Baer RM for share sale losses

Fiona Lee and her husband sue their former relationship manager for negligence in monitoring investments, alleging missed trading opportunities caused losses.

09/16/2025

FSTB and InvestHK jointly attract over 200 family offices to Hong Kong and achieve early completion of KPI

Subsequently, the FSTB published in March 2023 a policy statement to demonstrate the Government's commitment to enhancing the ecosystem for family offices and asset owners.

09/16/2025

Harneys wins Offshore Firm of the Year at the 2025 ALB Hong Kong Law Awards

The Asia team has also picked up many deals of the year and practice-specific awards.

09/12/2025

HKMC and CICC Sign MoU on Co-operation of Infrastructure Financing and Securitisation

A partnership with CICC is expected to assist in taking our business to the next level, enabling both sides to further pursue a common goal in promoting Hong Kong as an infrastructure financing hub.”

09/12/2025

ASIC proposes to remake relief instrument for non-cash payment facility exemptions

ASIC has assessed that this instrument is operating effectively and efficiently and continues to form a necessary and useful part of the legislative framework.

09/12/2025

APRA releases quarterly authorised deposit-taking institution statistics for June 2025

The Quarterly ADI Performance publication contains information on ADIs’ financial performance, financial position, capital adequacy, asset quality, liquidity and key financial performance ratios.

09/09/2025

APRA monitors Eric Insurance’s exit from the general insurance market

APRA is closely monitoring Eric’s withdrawal from the insurance industry to achieve the most favourable outcome for policyholders.

09/09/2025

James Mawhinney handed 15-year injunctions in ASIC proceedings

This is the culmination of a matter that has taken many years and considerable resources.

09/04/2025

Scam alert related to banks

Anyone who has provided his or her personal information

09/04/2025

SFC obtains disqualification orders of up to four years against five more former directors of Superb Summit International Group Limited

Under the orders, Chan was disqualified for four years, Law and Cheng each for three and a half years, Qiu for three years, and Li for two and a half years.

09/03/2025

Societe Generale Securities Australia fined $3.88 million for market gatekeeper failures

Manipulation of the daily settlement price of electricity and wheat futures contracts has the potential to impact supplier funding costs, and in turn electricity and wheat prices for consumers.

08/22/2025

Four Carey Olsen partners named among top offshore litigators in Asia

The list identifies exceptional litigation practitioners who have demonstrated outstanding expertise when handling complex cross-border disputes in Asia.

08/21/2025

Hong Kong and Australian courts recognise principles of segregation in Cayman SPCs

The Hong Kong High Court expressly confirmed the validity of ring-fencing of assets in different SPs in an SPC structure.

08/15/2025

Joint Statement by the HKMA and the SFC on Stablecoin-related Market Movements

Some of these claims have also mentioned recent engagements with financial regulatory authorities in Hong Kong.

08/14/2025

Terraform Labs' Do Kwon Pleads Guilty to US Charges

Kwon originally faced nine charges under the indictment and his sentencing is scheduled for December 11.

08/14/2025

NAB and AFSH penalised $15.5 million for failing customers facing financial hardship

As a result, those consumers remained unaware of the outcome of their hardship applications.

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