• In September's issue, we have included:

    Australia

    • ASIC consults on proposed changes to the capital requirements for market participants
    • ASIC updates guidance for funds management industry
    • External report on fees and costs disclosure welcomed by ASIC
    • Queensland Budget: Increased property taxes from 1 July 2018

    Cayman Island

    • Investment Entity AML Officers: Only Two Months Remain to Make Appointments

    Hong Kong

    • Hong Kong proposes a new vacancy tax on properties
    • Resolution to implement Government Green Bond Programme to be introduced

    Japan

    • Integrated Resorts Act legalising casinos in Japan enacted
    • Stewardship Code: 229 institutional investors have signed up to the Principles for Responsible Institutional Investors as of July 3, 2018
    • Recent moves in Japan towards tougher corporate compliance

    New Zealand

    • Overseas Investment Amendment Bill Approved

    Singapore

    • MAS updates Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies
    • MAS publishes regulations relating to classification of Capital Markets Products

    South Korea

    • Ministry of Economy and Finance publishes Tax Revision Bill 2018

    Lastly, we would like to thank our committee who helped putting together the Newsletter. Details about this committee can be found here.

    Sep 2018 - Regulatory and tax newsletterPDF
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