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.