Financial services risk and regulation - Regulatory Updates Newsletter (June 2021)

June 2021

The key updates in the June edition include:

  • HKMA announces “Fintech 2025” Strategy
  • HKMA Circular on Tech Baseline Assessment as Part of ‘Fintech 2025’ Strategy
  • HKMA Circulars on Revised Basel III Implementation Timeline, Revised Banking Returns and Disclosure Templates, and Implementation Guidance on Counterparty Credit Risk Capital Standard
  • SFC Consultation Conclusions on Proposed Enhancements to the Competency Framework for Intermediaries and Individual Practitioners
  • LIBOR Reform Updates 
  • Other Regulatory Updates

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

fsrr regulatory newsletter jun2021

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