MAS Speech Regulatory Framework

Update to E-Payments User Protection Guidelines

Singapore, 25 April 2019… The Monetary Authority of Singapore (MAS) has updated the E-Payments User Protection Guidelines (“Guidelines”) to clarify that the Guidelines do not override customers’ instructions to their financial institutions on transaction notification…

FCA

FCA Fines Goldman Sachs International £34.3 Million for…

Goldman Sachs International (GSI) has been fined £34,344,700 by the Financial Conduct Authority (FCA) for failing to provide accurate and timely reporting relating to 220.2 million transaction reports between November 2007 and March 2017. Mark…

ASIC

ASIC to Consult on Measures to Restrict Offers…

ASIC is concerned about recent control transactions where part or all of the consideration includes stub-equity in Australian proprietary companies. These offers of stub-equity have been made to a large and diverse group of target…