Financial services risk and regulation - Regulatory Updates Newsletter (July 2021)
July 2021
The key updates in the July edition include:
- The Green and Sustainable Finance Cross-Agency Steering Group Announces Next Steps to Advance Hong Kong’s Green and Sustainable Finance Strategy
- HKMA Consultation on a Draft SPM Module GS-1 on “Climate Risk Management”
- SFC Circular to management companies of SFC-authorized unit trusts and mutual funds – ESG funds
- HKMA Issued Revised SPM CS-1 on “Group-wide Approach to Supervision of Locally Incorporated Authorized Institutions”
- SFC Circular to Licensed Corporations on Operation of Bank Accounts
- HKMA Consultation on the draft FIRO Code of Practice chapter ST-1 on contractual recognition of suspension of termination rights
- LIBOR Reform Updates
- Other Regulatory Updates
We have summarised the details of these key updates in this newsletter.
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Mainland China and Hong Kong Corporate Treasury Leader, PwC Hong Kong
Tel: +[852] 2289 2313
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