This post was written by Urszula McCormack, Leonie Tear and Nikita Ajwani. Virtual asset adoption within traditional finance can only occur with clear regulation. A…
This post was written by Urszula McCormack and Jack Nelson On 24 January 2019, the Monetary Authority of Singapore (“MAS”) announced that it had issued a warning in connection with a proposed token sale…
A recent statement from the Insurance Authority’s (“IA”) CEO Mr Clement Cheung indicated that the IA is set to approve its first authorised insurer licence…
This post was written by Urszula McCormack, Leonie Tear and Jack Nelson The United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”)…
Nominee and warehousing arrangements can serve important purposes. However, they are also ripe for abuse. Hong Kong’s Securities and Futures Commission (“SFC”) issued a circular…
The United States (“US”) has continued to strengthen its sanctions against Iran. This post provides a synopsis of the latest developments, including the ongoing push…
Hong Kong continues to keep up the pace on anti-money laundering and counter-terrorist financing (“AML/CTF”) reforms in 2018. The Companies Registry (“CR”) has become the…
The Securities and Futures Commission (“SFC”) issued a robust circular on 31 August 2018 in relation to the adequacy of licensed corporations’ (“LCs”) Anti-Money Laundering…
