Applications will be open from 1 August. Fubon Financial and CTBC Financial have reportedly expressed interest in the licence.
July 6, 2022ASIC is now considering using its broader product intervention powers to address consumer detriment in continuing credit contracts.
July 1, 2022Banks, insurers and non-bank deposit takers will be required to obtain a conduct licence from the FMA, on top of their prudential licences from the RBNZ.
July 1, 2022To register a CCIV and initial sub-fund, a corporate director would first need to obtain an AFS licence, which can be a variation of an existing licence.
June 24, 2022The SFC's latest annual report highlights work to enhance book building and placing practices, regulate fund trustees and custodians, and enhance climate disclosure for fund investors.
June 23, 2022Deputy PM Heng Swee Keat said in-principle approvals were being issued to three more DPT licence applicants, later identified as Crypto.com, Genesis and Sparrowtech.
June 23, 2022Korea’s post offices will start offering deposit, withdrawal, balance inquiry and ATM services of four banks - Kookmin, Shinhan, Woori and KEB Hana.
June 22, 2022The proposed legislation is aimed at addressing a rise in police reports against debt collectors who "caused alarm and nuisance", the MHA said.
June 21, 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, 2022EBA, EIOPA and ESMA propose that AML/CTF compliance be a specific requirement for firms, including crypto firms, to obtain and maintain their licences.
June 6, 2022