The compliance violations cost the Swiss bank $1.49m.
Category: Regulation
Shanghai eyes global asset management role
Government officials in Shanghai are ramping up the city’s ambitions to challenge Hong Kong as a funds hub.
SFC warns about Binance
Hong Kong’s regulator is the latest to turn against the popular virtual asset trading platform.
Singapore regulator wants new powers
The proposals would allow the Monetary Authority of Singapore (MAS) to enter targets’ premises without a court warrant.
New rules for Hong Kong ESG funds
The regulator has imposed greater disclosure requirements to prevent greenwashing.
MAS awards green investment mandates
The Monetary Authority of Singapore (MAS) will channel $1.8bn into climate-related investment opportunities.
Crypto retail trading ban in Hong Kong
Hong Kong’s financial regulator has proposed restrictions on cryptocurrency exchanges in the territory.
Philippines joins Asean cross-border investment scheme
The Southeast Asian country is the newest signatory to the Association of Southeast Asian Nations (Asean) Collective Investment Schemes (CIS) framework.
Taiwan to set disclosure rules for ESG funds
Taiwan’s financial regulator may follow the disclosure rules set by Hong Kong’s Securities and Futures Commission.
Hong Kong SFC, police arrest members of ramp and dump syndicate
Before the arrests, the regulator froze 63 securities accounts holding HK$860m ($110.7m).
