02/10/2020

MAS Urges Financial Institutions to Adopt Additional Measures

The MAS has also reminded financial institutions that they should remain vigilant on the cybersecurity front as there have been cases of cyber threat actors taking advantage of the 2019 Novel Coronavirus (2019-nCoV) situation to conduct email scams

02/10/2020

SFC bans Christopher Tse for 12 months

By doing so, Tse not only breached RHBSHK's internal policies and the Code of Conduct, but also seriously compromised his role as a research analyst and called into question the objectivity of the research reports he prepared.

02/06/2020

AMP to pay $5m for churn

It also saw the advisers receive higher commissions than they would have by simply transferring the policies.

02/05/2020

China extends onshore fund launch limit

There are around two dozen foreign PFM licence holders that have launched 64 onshore funds as of 3 February this year, according to Amac records.

02/05/2020

Regulatory Challenges of Wealth Management in Asia

In Hong Kong, the Securities and Futures Commission has set out a product due-diligence regime that requires distributors to have a clear understanding of an investment’s features before marketing and distributing it to a client.

02/05/2020

Asset manager to be liquidated

ASIC said its investigation into the financial services company is ongoing, and did not provide further details.