Companies will have to disclose the purpose, expected outcome, price and cost of M&A transactions, along with the reasons for any dissenting opinions from the board.
March 8, 2024The framework sets out the responsibilities of SROs, expectations on governance, and eligibility criteria for recognition as SROs.
December 24, 2023Two employees were involved in the misconduct. The bank was fined and is being required to increase its operational risk capital.
December 20, 2023Central Wealth Securities Investment made various accounting and calculation errors in its financial returns and had a liquid capital deficit for eight months.
December 20, 2023Aligned with IOSCO recommendations, the code seeks to improve transparency and trust in sustainable finance by promoting consistent global standards.
December 15, 2023AI systems that pose minimal risk will not have to meet any specific obligations. High risk systems will have strict requirements. Systems that pose unacceptable risk will be banned.
December 11, 2023The guidelines are intended to serve as a reference for fintech associations to establish their code of conduct and optimise the use of AI in the fintech industry.
November 26, 2023The SFC calls out distributor practices such as offering guaranteed returns, imposing lock-up periods, and lowering dealing frequency.
October 25, 2023The industry body for alternative investment funds would help to address their use by regulated entities to circumvent regulations.
October 13, 2023The SFAT has upheld the SFC's decision to prohibit Calvin Choi from re-entering the industry for two years.
September 30, 2023