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In this issue:

Hong Kong

  • SFC Consults on Proposals to Facilitate Classification of Professional Investors
  • Profits Tax Exemption for Privately Offered Hong Kong Open-ended Fund Companies Proposed
  • SFC Revises Ongoing Charges Guidelines to Clarify Requirements Relating to Performance Fees
  • SFC Senior Management Accountability and "Manager in Charge" Regime: What You Need to Know
  • Regulators Provide Further Guidance on Compliance with Suitability Obligations

Philippines

  • BSP Issues Guidelines on Servicing Deposits Outside Bank Premises
  • BSP Lays Down New Circular Governing Money Service Business Operations

Singapore

  • Amendments to Securities and Futures Act Passed
  • Singapore Regulator Relaxes Lending Restrictions
  • MAS Proposes Simplified Regulatory Regime for VC Fund Managers 
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