April 2017 - Regulatory and tax newsletter

18 Apr 2017

In this issue, we have included: 

•   SAFE issues new circular on foreign exchange administration

Hong Kong
•  SFC proposes to standardise rules for prescribing professional investors
•  Hong Kong 2017/18 Budget — promoting the fund industry
•  Hong Kong — disclosure of beneficial ownership
•  Hong Kong revises its strategy on implementing automatic exchange of
  financial account information
•  OECD Common Reporting Standard (CRS) updates in Hong Kong
•  SFC consults on changes to the Fund Manager Code of Conduct
•  Compliance with SFC’s manager-in-charge regime

The odds look good for integrated resorts
Notification of ultimate parent entity

Automatic exchange of financial account information — final regulations gazetted
MAS consults on proposed enhancements to competency requirements for
  representatives conducting regulated activities
United States
SEC announces 2017 examination priorities

Taskforce on climate — related financial disclosure
Luxembourg CbC notification

ANREV would like to thank the Regulatory and Tax committee who compiled the newsletter.

For further details on the committee, please click here.


April 2017 - Regulatory and tax newsletter [PDF]