Electronic licensing forms for RA 13 will be available in Q3 2023. Depositaries operating in Hong Kong will then have four months to submit a licensing application.
March 27, 2023About 20 depositaries and 300 individuals will require licensing under RA 13, the new regulated activity for depositories of collective investment schemes.
February 6, 2023The SFC warns that virtual asset platforms may on-lend customer assets or them in investment or other activities, which could potentially lead to a "total loss".
December 14, 2022The amendment will allow applicants who meet certain conditions to submit written applications for registration and other subsequent documents in English.
September 6, 2022Some NFTs have 'crossed the boundary' between a collectible and a financial asset, which would bring them under the SFC's remit and require licensing.
June 7, 2022Banks and their subsidiaries have until 1 June 2023 to comply with new regulatory requirements for their trust business and related activities.
May 30, 2022The amendments will require CIS managers and certain designated employees to invest in the CIS they manage, and limit investment in other CIS managers.
April 3, 2022MAS finalised the best execution requirements in September 2020, giving firms an 18-month transitional period for compliance.
March 8, 2022A new regulated activity (RA 13) will be introduced which will subject trustees and custodians of public funds to licensing requirements and ongoing regulatory supervision.
February 23, 2022SEBI proposes to introduce a minimum number of investors, a minimum subscription amount and maximum holdings by a single investor in a CIS.
January 12, 2022