• In June's issue, we have included:

    Australia

    • Victorian stamp duty
    • Income tax measures aimed at foreign investment

    British Virgin Island

    • Draft Economic Substance Code published
    • Regulatory obligations and filing deadlines 2019

    Cayman Islands

    • Cayman Islands amends Securities Investment Business Law (Additional SIBL reporting requirements to be submitted by 15 August 2019)
    • The Data Protection Law, 2017 comes into force on 30 September 2019

    Hong Kong

    • SFC issues further guidance on regulatory requirements for sale of complex products
    • HKMA introduces key measures on sustainable banking and green finance

    Japan

    • Task Force on Climate-related Financial Disclosures (TCFD) consortium launched

    Singapore

    • MAS updates FAQs on licensing and registration of fund management companies
    • MAS launches second consultation on proposed framework for variable capital companies
    • Singapore fund tax incentives – circular of Budget 2019 issued

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

    June 2019 - Regulatory and tax newsletterPDF
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