REGULATION

Singapore warns investors on virtual currency investments

Singapore warns investors on virtual currency...

As virtual currencies grow in value, Singapore’s Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) are warning investors about the risks of virtual currency-related investment schemes.

Published : 11, Aug 2017
SFC warns private fund managers

SFC warns private fund managers

Hong Kong’s SFC has identified a number of potential regulatory concerns over firms engaged in managing private funds and discretionary accounts.

Published : 1, Aug 2017
Two sides to China's war on investment scams

Two sides to China's war on investment scams

Ponzi schemes remain rife in China because of financial naivety and a collective desire for unfeasibly high returns, an academic at the Renmin University of China in Beijing has said.

Published : 27, Jul 2017
Two ex-senior CSRC officials await prosecution

Two ex-senior CSRC officials await prosecution...

The China Securities Regulatory Commission's former vice chairman Yao Gang was charged with corruption, according to the Central Commission for Discipline Inspection (CCDI), an anti-graft body.

Published : 25, Jul 2017
HK regulator inks cooperation pact with UK

HK regulator inks cooperation pact with UK

The Securities and Futures Commission signed an agreement with the UK's Financial Conduct Authority (FCA) to strengthen cross-border regulatory cooperation.

Published : 21, Jul 2017
MAS steps up rule enforcement

MAS steps up rule enforcement

The Monetary Authority of Singapore (MAS) will be sending mystery shoppers to financial advisers as part of its efforts to boost enforcement, according to Merlyn Ee, the regulator’s executive director for capital markets intermediaries.

Published : 7, Jul 2017
China again delays tax on asset managers

China again delays tax on asset managers

China has cut and again pushed back plans to levy a value-added tax on asset managers for returns on assets under management, adding a further six-month reprieve on an already 14-month grace period.

Published : 6, Jul 2017
Singapore prefers public shame, not fines

Singapore prefers public shame, not fines

Singapore’s decision not to impose the same hefty fines on banks linked to 1MDB as other countries, but to instead name and punish individuals responsible, is a strong deterrent, said Ravi Menon, managing director of the city-state’s financial regulator.

Published : 4, Jul 2017
Rothschild fined €9m over 1MDB failings

Rothschild fined €9m over 1MDB failings

Swiss private bank Edmond de Rothschild has been fined nearly €9m ($10m) by Luxembourg’s financial regulator for its handling of funds reportedly linked to beleaguered sovereign wealth fund 1Malaysia Development Berhad.

Published : 22, Jun 2017
US seeks $1.7bn from 1MDB fund scandal

US seeks $1.7bn from 1MDB fund scandal

The US Department of Justice (DOJ) is working to recover around $1.7bn in assets linked to an international conspiracy to launder funds misappropriated from Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB).

Published : 19, Jun 2017

Events

FSA Alternatives Forums -- Hong Kong & Singapore 2017

Hong Kong, Tuesday 12 September

Singapore, Thursday 14 September

FSA Investment Forum Bangkok 2017

Tuesday 26 September

OTHER STORIES FROM LAST WORD...