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Legal, Regulation & Compliance

05/09/2025

“Keeping the Ingredients for a Resilient System in Balance” - Opening Remarks by Mr Marcus Lim, Assistant Managing Director (Banking & Insurance), MAS

Since its launch in April 2024, Singapore and France have embarked on a series of collaborations across areas such as the circular economy, renewable energy and sustainable shipping.

05/08/2025

HKMA’s Response to US Fed’s Interest Rate Decision

The policy decision is in line with market expectations.

05/07/2025

SFC’s senior executives visit Abu Dhabi and Dubai to promote collaboration on virtual assets

The endeavours of the SFC align with the SFC’s broader policy to deepen its overseas networks.

05/06/2025

Allens advises TA Associates on investment in leading NZ wealth manager

Alongside Chapman Tripp, Allens advised on all aspects of the transaction.

05/05/2025

Financial Hub Singapore: Surprisingly, Everything Remains the Same

A government that preserves and develops these values is therefore crucial.

05/02/2025

ASIC permanently bans former financial adviser Neville Allan Kendrick

ASIC also had reason to believe that Mr Kendrick lacks the fitness and propriety, and the training and competence, required to participate in the Australian financial services industry.

04/28/2025

ASIC cancels licence of Viridian Equity Group Pty Ltd

As a result, on 17 April 2025, ASIC cancelled Viridian Equity’s AFS licence.

04/25/2025

Financial services provider penalised $11 million over “cookie-cutter” advice and conflicted bonus payments

The Court also found that the bonuses paid to the three advisers

04/17/2025

UK’s FCA to open first ever offices in US and Australia

Major international investors ‘want easier access to us’

04/17/2025

ASIC fines Chapter Two Holdings for misrepresenting debt management outcomes offered to consumers

ASIC alleges that these statements were false or misleading as Chapter Two was not able to substantiate the figures, nor was there a reasonable or evidence-based justification for the statements.

04/17/2025

APRA and ASIC publish latest data on life insurance claims and disputes - December 2024

ASIC’s MoneySmart Life insurance claims comparison tool has been updated with the latest data.

04/16/2025

IQ-EQ enters the ANZ market with AMAL Group acquisition

The acquisition supports IQ-EQ’s strategy to expand its global corporate trust and loan servicing business and enter into key new growth markets.

04/14/2025

ASIC suspends AFS licence following change of ownership

The AFS licence was suspended because it had ceased carrying on a financial services business.

04/11/2025

HKMA, HKPF and HKAB jointly announce new measures to strengthen the response to fraud and money laundering

Fraud has been growing in scale and complexity, and the use of technologies has enabled criminals to take advantage of people at speed and scale, amplifying the threat.

04/11/2025

SFC Sets Out Staking Guidance for Licensed Virtual Asset Trading Platforms and Authorised Virtual Asset Funds

The latest guidance allows VATPs to expand product and service offerings, one of the five pillars set out in the SFC’s “ASPIRe” roadmap to develop Hong Kong’s virtual asset ecosystem (Note 2).

04/10/2025

Singapore’s New Family Office Scandal Prompts Questions in Parliament

The new family office scandal sweeping through the city-state’s justice system appears to be nearing a watershed, at least in the public eye.

04/10/2025

KPMG Spins Off Blockchain Platform as New Startup OriginsNext

Independent venture to expand track-and-trace compliance across industries

04/09/2025

Banks ring recession risk, while China stimulus hopes emerge

As Trump’s aggressive tariffs roil markets and heighten fears of a US recession, Pictet Asset Management slashes risk outlooks, forecasting an 11% S&P 500 plunge.

04/09/2025

Advice licensees pay penalty for authorising advisers who gave advice while unregistered

ASIC acted because it had reasonable grounds to believe that the AFS licensees, had authorised a financial adviser who gave personal advice to a retail client in relation to relevant financial products while the adviser was unregistered.

04/09/2025

HKMA and banking sector support SMEs from various industries

Up until the end of March 2025, the Taskforce has received around 590 enquiries and cases from various industries through different channels, of which nearly 90% have been handled.

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