Events listed in Asset Management

Asset Management
draft

Government welcomes passage of Companies (Amendment) Bill 2022

ID 21496
The Hong Kong government has published a press statement to announce and welcome the passage of the Companies (Amendment) Bill 2022 by the Legislative Council. The Bill will be officially gazetted on January 27, 2023 and come into force three months after that date. The Amendment Bill modifies the Companies Ordinance to facilitate the holding of virtual or hybrid shareholder meetings. Hybrid meetings thereby ...
Asset Management
draft

Government welcomes passage of Stamp Duty (Amendment) Bill 2022

ID 21495
The Hong Kong government has published a press statement to announce and welcome the passage of the Stamp Duty (Amendment) Bill 2022 by the Legislative Council. The Bill will be officially gazetted on January 27, 2023 and come into force on that date. The Bill will add new schedule 11 to the Stamp Duty Ordinance to exempt market makers from having to pay stamp ...
Asset Management
information

New consolidated version: Council Regulation (EU) 2018/1542 of 15 October 2018 ...

ID 21494
A new consolidated version of Council Regulation (EU) 2018/1542 setting out sanction measures directed at persons, entities, or bodies that are engaged in, supportive of, or responsible for the manufacturing and / or use of chemical weapons was published in the Official Journal (OJ) of the EU The consolidated version contains the amendments made by Council Implementing Regulation (EU) 2022/2228 which added ten persons ...

Issuance of Russia-related General Licenses and Amended Russia-related Frequently ...

ID 21493
The Office of Foreign Assets Control (OFAC) has published a press release to announce the issuance of three new Russia-related general licenses and the modification of several Russia-related frequently asked questions (FAQs), all in connection with prohibitions stipulated in Executive Order 14024, Executive Order 14071, and Statutory Instrument 31 CFR Part 587, the „Russian Harmful Foreign Activities Sanctions Regulations“. Below, you’ll find a brief ...
Asset Management
procedure

Federal Reserve Board provides additional details on how its pilot climate scenario ...

ID 21492
Following the announcement of an upcoming „pilot climate scenario analysis exercise“ for six of the largest banks in the U.S. including the Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo, on September 29, 2022, the Board of Governors of the Federal Reserve System (FED) has now published further information on the issue. To recall, the FED plans to conduct ...
Asset Management
procedure

Financial sanctions, ISIL (Da’esh) and Al-Qaida organisations

ID 21491
The UK government has published a new Financial Sanctions Notice regarding sanctions measures with respect to persons and entities associated with terrorist organizations ISIL and/or AI-Qaida pursuant to Statutory Instrument SI 2019/466 – the „ISIL (Da’esh) and Al-Qaida (United Nations Sanctions) (EU Exit) Regulations 2019“. Specifically, the government informs that it has updated its sanction list by adding one person to the list who ...
Asset Management
information

New consolidated version: Directive 2013/34/EU of the European Parliament and of ...

ID 21490
A new consolidated version of Directive 2013/34/EU, the so-called Accounting Directive, was published in the Official Journal (OJ) of the EU. The Directive sets out requirements as regards the principles that must be observed when preparing financial statement and the content of such statement, including consolidated financial statements and related reports (e.g. management report). This latest consolidated version includes the modifications made by [Directive ...

La nouvelle directive CSRD sur le reporting de durabilité des sociétés

ID 21489
On 17 January 2023, the Autorité des marchés financier (AMF) issued a press release about the publication on 17 January 2023 of the new Corporate Sustainability Reporting Directive (CSRD), and informs about the first set of drafts of the European sustainability reporting standards (ESRS) published on 23 November 2022. Indeed, the current Non-Financial Reporting Directive (NFRD) will soon be **replaced by the new and ...

Aktualisierte Sanktionsmeldung („Al-Qaïda“ / Taliban)

ID 21488
Das Staatssekretariat für Wirtschaft (SECO) hat eine Änderung des Anhangs 2 der Verordnung über Massnahmen gegenüber Personen und Organisationen mit Verbindungen zu Usama bin Laden, der Gruppierung «Al-Qaïda» oder den Taliban (SR 946.203) publiziert. Die Änderung ist in der Schweiz direkt anwendbar. Das SECO hat daher am 17. Januar 2023 die für die Schweiz maßgebliche Sanktionsdatenbank SESAM (SECO Sanctions Management) angepasst. Die Maßnahmen richten ...
Asset Management
information

New consolidated version: Council Directive 2011/16/EU of 15 February 2011 on ...

ID 21487
A new consolidated version of Council Directive 2011/16/EU, the so-called Directive on administrative cooperation (DAC), was published in the Official Journal (OJ) of the EU. The Directive sets out standards for collaboration in the field of taxes within the EU member states. The consolidated version includes the amendments made by Council Directive (EU) 2021/514 which – among other things – stipulated provisions for the ...
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