Singapore ramps up AML efforts while Hong Kong enhances ETFs
Media mention
| 18
June
2024
Singapore is increasing its scrutiny of the private wealth sector, including ramping up its anti-money laundering
(AML) efforts. Meanwhile, Hong Kong’s regulators have turned their attention to enhancing ETFs, an asset class
that has a market capitalisation significantly below that of other jurisdictions.
In this edition of Regulatory Focus, Asian Private Banker spoke to wealth industry experts from various
backgrounds to determine the potential implications of these regulatory developments.
Hogan Lovells Singapore Partner and Southeast Asia Head of Litigation, Arbitration and Employment practice Nick Williams was also invited to shared his thoughts on the matter.
Click here to view the article (for subscribers to the Asian Private Banker).
