Welcome to the sixth edition of Reed Smith’s quarterly Asia Pacific funds and financial regulatory newsletter. In this edition, we highlight key developments in the financial regulatory landscape, including regulatory changes and enforcement actions relevant to financial institutions, investment managers, and funds across the region.
We delve deeper into the recent enhancements to the anti-money laundering and counter-financing of terrorism (AML/CFT) framework for fund managers in Singapore.
We also examine the introduction of the stablecoin licensing regime in Hong Kong and the regulatory expectations licensees will be required to meet.