FSC proposes new advice model

The alternate model in line with the DDO will categorise advice into general information and personal advice.


HKMA, SFC Consult on Annual Update to FSP List

The FSP list includes entities that belong to G-SIB or large dealer groups; and are members of the largest CCPs offering clearing for interest rate swaps in the US, Europe, Japan and Hong Kong.


RBNZ Establishes Standalone Enforcement Department

The bank plays an important role in ensuring financial institutions remain sound and operate with appropriate conduct and culture, and we have a low-risk appetite for events that materially damage the financial system.


How four adviser breaches could escalate to 198

“We believe that the impact is much greater than was appreciated when the bill was drafted, and we have therefore recommended that the Government consider a deferral of the commencement of this new regime,”