All posts tagged "licensing"
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247Fintech / RegtechBNM Opens Six Month Application Period for Digital Bank Licences
Applicant must demonstrate a commitment to driving financial inclusion. Preference will be accorded to applications where the controlling interest resides with Malaysian nationals.
January 4, 2021 -
119MalaysiaSC Malaysia Issues Guidance to Address Unlicensed Investment Advice
An increasing number of social media, chat room and messaging applications are providing stock recommendations or investment advice to the public for a fee.
January 3, 2021 -
129Hong KongSFC Unveils New Electronic Licensing Functions On WINGS
The new online licensing platform marks an important milestone in the modernisation of the SFC's gatekeeping function, said chief executive Ashley Alder.
December 21, 2020 -
Press Release
ComplianceAsia Wins Compliance Service Provider of the Year
ComplianceAsia advises firms on licensing matters, provides training for compliance staff, and helps clients enhance governance, internal controls, and risk management.
December 16, 2020 -
144Feature
SFC to Raise Competency Bar for Licensees, With Some Flexibilities
Among the changes, the SFC proposes tougher requirements for advisers on Takeovers Code transactions, to address concerns about the poor quality of work in this area.
December 14, 2020 -
328Capital RegulationRBI Working Group Proposes New Rules on Bank Ownership
The RBI working group suggests corporates be allowed to own up to 26% of banks, and NBFCs be allowed to convert to a banking licence.
November 24, 2020 -
527Australia & NZNew Zealand FSC Publishes Disclosure Guide for Financial Advice Regime
The ‘Disclosure Guide’ will help advisors comply with the changes to disclosure requirements under the new financial advice regime which comes into force on 15 March 2021.
November 10, 2020 -
572Australia & NZFMA Finalises Standard Conditions for Full Financial Advice Licence
All financial advice providers will have to meet the standard conditions to obtain a full licence when the new advice regime takes effect on 15 March 2021.
November 9, 2020 -
1.6KAML / KYCHong Kong to Align Crypto Regulatory Framework with FATF Standards
The government proposes to introduce a new licensing regime for VASPs that trade non-security tokens, and a registration regime for dealers in precious metals and stones.
November 3, 2020 -
688Enforcement
SFC, IA Sign New MoU on Supervisory Cooperation
The MoU covers case referrals, joint inspections and investigations, and sharing of information pertaining to products and relevant entities or key persons.
September 29, 2020
