Regulatory updates and case notes.
Two series from Alpha Calibration's compliance team: a monthly summary of SFC publications for small licensed firms, and short notes on what a check found, with client details removed.
From the compliance team
Regulatory Pulse
A monthly summary of SFC circulars, consultations and enforcement actions, with a note on what each one means for a firm covering the eight Core Functions with a small team.
What the check found
One case per note, with client details removed: the statement, the figure that did not agree, and what missing it would have cost.
Posts
The SFC is running two AML/CFT webinar sessions on 12 and 13 November 2026, covering recent regulatory developments, supervisory observations and current scam trends. Each firm may send up to two people, and the full session counts for 2.5 CPT hours.
Cayman financial institutions registered on the DITC Portal must appoint a Principal Point of Contact based in the Cayman Islands for CRS purposes, and file the details by 31 January 2027.
From 1 January 2027, Hong Kong financial institutions must register with the IRD by 31 March 2027, even if they hold no reportable accounts. Many firms and funds, including funds with only Hong Kong investors, have never registered.
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