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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 newsletterPDFDownload