The proposed change is expected to make it more difficult for asset managers to invest in crypto assets on behalf of clients.
February 16, 2023Agustín Carstens says big techs involved in financial services are gaining systemic importance and may quickly become “too big to fail”.
February 12, 2023The guidance emphasises the "paramount importance of equitable and beneficial interest always remaining with the customer".
January 25, 2023A blanket ban on providing credit could push retail investors to lend their crypto tokens via unregulated offshore firms.
January 10, 2023The FSC will classify fractional investment products as securities on a case-by-case basis and require issuing firms to adopt investor protection measures.
May 5, 2022The implementation timeline for the new framework on client collateral segregation and monitoring has been extended to 2 May 2022.
March 7, 2022Investment companies will be allowed to operate umbrella funds as long as they create at least two sub-funds, which segregated assets and liabilities.
February 22, 2022The framework seeks to address previous instances of brokers defaulting and misusing clients' securities and funds.
July 28, 2021The proposed framework seeks to protect clients’ collateral from being misused or misappropriated by trading or clearing members.
May 18, 2021The final rules increase the net worth, qualification and experience requirements for investment advisers and introduce client-level segregation of advice and distribution activities.
July 8, 2020