Africa

New comparative guide on state of bank recovery and resolution laws in Africa
Asset management in South Africa – Ten things to know
South Africa: Insurance Act assented by State President
South Africa: POPI regulations published for comment

Asia

Norton Rose Fulbright Hong Kong contributes to pioneering ASIFMA report on Best Practices for Digital Asset Exchanges
Hong Kong: HKMA publishes a revised guideline on Virtual Banks
SFC publishes consultation conclusion on disclosure requirements for discretionary accounts
Hong Kong’s SFC steps in to halt ICO

Australia

ASIC consults on its proposal to repeal and replace the ASIC class orders for Foreign Financial Services Providers with modified licensing regime
What Australian financial institutions need to know about cybersecurity and responding to cyber-attacks
Sizing up the 3 BEARs
ASIC updates INFO 225: Corporate regulator bytes back at misleading and deceptive ICOs

Canada

TLAC – OSFI issues final disclosure guidelines
Covered bonds in Canada – an increased regulatory stance
New client briefing note – Bill 141: the most significant changes for Quebec’s financial sector in decades
OSFI revises transaction instructions for regulatory approvals

Italy

FSB guidance on bail-in execution and resolution funding
Progress in adopting the Principles for effective risk data aggregation and risk reporting
Advocate General opinion on interpretation of payment account under PSD
MiFID II temporary period for LEIS to end in July 2018

Germany

FSB guidance on bail-in execution and resolution funding
Progress in adopting the Principles for effective risk data aggregation and risk reporting
Advocate General opinion on interpretation of payment account under PSD
MiFID II temporary period for LEIS to end in July 2018

The Netherlands

FSB guidance on bail-in execution and resolution funding
Progress in adopting the Principles for effective risk data aggregation and risk reporting
Advocate General opinion on interpretation of payment account under PSD
MiFID II temporary period for LEIS to end in July 2018

United Kingdom

FSB guidance on bail-in execution and resolution funding
Progress in adopting the Principles for effective risk data aggregation and risk reporting
CityUK paper on Brexit contract issue
Advocate General opinion on interpretation of payment account under PSD

United States

SEC’s Jay Clayton and William Hinman reiterate Howey is here to stay
Dodd-Frank reform legislation becomes law; no repeal but key provisions are revised
Latest issue of Global Asset Management Quarterly now available
More guidance on the new FinCEN “beneficial ownership” rule
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