Financial services risk and regulation - Regulatory updates newsletter (June 2020)

June 2020

The key updates in the June edition include:

  • SFC concludes consultation on OTC derivatives licensing regime
  • SFC proposes changes to the Code on Real Estate Investment Trusts
  • HKMA feedback from recent thematic reviews of AML/CFT control measures for remote customer onboarding initiatives
  • Updates from Insurance Authority
  • HKMA revises SPM modules on overview of capital adequacy regime for locally incorporated AIs and “Recovery Planning”
  • LIBOR Reform Updates

We have summarised the details of these key updates in this newsletter.

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Partner, PwC Hong Kong

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Partner, PwC Hong Kong

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Ho Kee Fu

Partner, PwC Hong Kong

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Brian KY Yiu

Partner, PwC Hong Kong

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Brian Yam

Partner, PwC Hong Kong

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Billy Wong

Partner, PwC Hong Kong

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Amy Yeung

Partner, PwC Hong Kong

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Ilka Vazquez

Partner, PwC Hong Kong

Tel: +[852] 2289 6565

Ian Farrar

Mainland China and Hong Kong Corporate Treasury Leader, PwC Hong Kong

Tel: +[852] 2289 2313

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