10/07/2021
FATF - Consolidated assessment ratings
FATF and FSRBs conduct peer reviews on an ongoing basis to assess how effectively their respective members' AML/CFT measures work in practice
Legal, Regulation & Compliance
10/06/2021
Deloitte takes top honours at human resources awards
The firm was lauded for establishing a number of innovative initiatives, including its personalised learning platform, Cura, and MyBenefits, a one-stop-shop for all exclusive Deloitte benefits.
10/06/2021
A legal perspective on DDO
Simply by publishing TMDs to the Iress Blockchain, you automatically meet your first regulatory obligation, and at no cost.
10/06/2021
ASIC provides relief for companies in external administration
The deferral relief commences when a voluntary administrator or provisional liquidator, or a managing controller over substantially the whole of the property of the company, is appointed.
10/06/2021
Sydney labour hire director disqualified from managing corporations for five years
Mr Champley is disqualified from managing corporations until 16 September 2026.
10/06/2021
ASIC provides relief for companies in external administration
The deferral relief commences when a voluntary administrator or provisional liquidator, or a managing controller over substantially the whole of the property of the company, is appointed.
10/06/2021
Passing the Golden Thread Through the Eye of a Needle - Observations on Recent Approach as Between Hong Kong and Offshore Jurisdictions
The application of such a power has resonated with similar common law jurisdictions globally.
10/05/2021
Technical Whitepaper on Retail Central Bank Digital Currency
This Whitepaper is the first among similar papers published by central banks to unveil a technical architecture that includes a ground breaking privacy preservation arrangement that allows transaction traceability in a privacy-amicable manner.
10/05/2021
SFC sets out standards for operational resilience and remote working arrangements
“Disruptions are unavoidable and it is crucial for intermediaries to have in place a proper framework to prepare for, adapt and respond to disruptive incidents and to ensure continued operational resilience,”
10/01/2021
Financial advice becoming ‘recognised’ as a profession: FASEA
“Because of the approved degrees it is being promoted as another profession, like accounting, like law, which is fantastic and encouraging.”
10/01/2021
October kicks off regulatory reform for advisers
The Australian Securities and Investment Commission said it would take a “reasonable approach” to the early stages of reforms.
10/01/2021
AIOFP petitions to delay DDO, annual renewal
Executive director of the AIOFP Peter Johnston said this has ultimately resulted in unintended consequences in which advisers now have to pass compliance costs to their clients.
10/01/2021
FinTech Australia releases regulatory map for incoming global fintech companies
The regulation map is available for free on FinTech Australia’s website, building on the number of resources FinTech Australia is providing to the broader fintech community.
10/01/2021
New Zealand central bank opens consultation on future of money
He notes that two years ago the Bank's work was focused on the future of cash, but now it has broadened out to consider the future of money.
09/30/2021
Goldman Sachs was poised to triumph in China. What happened?
Wall Street bank is close to taking control of its Chinese subsidiary but new challenges have emerged
09/30/2021
Bank of China issues first ever biodiversity-themed green bonds out of Asia
The proceeds will be used to finance and/or refinance biodiversity-related eligible green projects, under eligible categories
09/29/2021
Mishcon de Reya to launch association with Hong Kong law firm
The firm will be led by Jason Karas, a dispute resolution specialist
09/29/2021
Joint research on multiple central bank digital currency shows potential for speeding up cross-border payments and reducing costs
The HKMA would continue to collaborate closely with the BISIH and peer central banks to broaden and deepen the research
09/29/2021
Moving from Hong Kong to the UK
The applications for the visa opened on 31 January 2021 and is for British National (Overseas) (BNO) status holders and/or Hong Kong Special Administrative Region (HKSAR) passport holders.
09/29/2021
Conyers Wins Finance Deal of the Year at ALB Hong Kong Law Awards 2021
The ALB Hong Kong Law Awards ceremony was held virtually on 10 September.