Singapore Institute of Directors’ Post

KPMG hosted the successful GJP China Management Seminar in Hong Kong SAR to address the most pressing issues faced by multinational corporations, guiding them in navigating the evolving regulatory environment. KPMG speakers Hironori Hayashida, Bayern Chui, Vivian Chen, Deborah Leung, Sherin Chen and SAYAKA M. delved into three key themes: the 2024 updates on transfer pricing tax systems, the latest trends in Hong Kong SAR’s residency certification and its impact on Chinese Mainland tax treaties, and practical responses to emerging ESG/CSRD regulations for Japanese subsidiaries in the Chinese Mainland. #TransferPricing #ChinaBusiness #ESG 

Oliver Matthew, Japan Country Head at CLSA, shared his insights on the Japanese macroeconomy with Bloomberg this morning, and highlighted investor attendance at the 20th CITIC CLSA Japan Forum, which opened today with an increase of more than 50% from last year. According to Oliver, a real debate is ongoing at the forum around whether Japan can continue to rally from this point. Click the link to hear more from Oliver: https://lnkd.in/g-uBeMEq #CLSA #CITICCLSAForums #CITICCLSAJapanForum #CLSANews #CLSAInsights

https://lnkd.in/gEXCY6s8 The Monetary Authority of Singapore (MAS) has introduced new Fair Dealing Guidelines, marking a significant step towards enhancing transparency and protection in the financial services sector. As financial professionals, we must adapt to these changes to better serve our clients: 1. Enhanced transparency: We're now required to provide clearer explanations of fees, market conditions, and potential risks. 2. Product suitability: Ensuring our recommendations align closely with clients' needs and risk tolerances is more critical than ever. 3. Accurate information: There's increased scrutiny on advertisements and product information, emphasizing clarity and fairness. 4. Rights of review: We must be prepared to explain clauses allowing term revisions and their potential impacts. These guidelines empower investors to make more informed decisions and encourage a more transparent financial ecosystem. As we implement these changes, we're not just complying with regulations – we're building stronger, more trusting relationships with our clients. Let's embrace this opportunity to elevate our industry standards and demonstrate our commitment to our clients' best interests. #FinancialServices #MASGuidelines #FairDealing #InvestorProtection #B'artner #FinancialPlanning #WealthManagement #ClientTrust #Transparency

The debate on Japan is raging on several fronts…. Will corporate governance changes continue? Immigration enough to solve Japan’s demographics? Wage increases coming are enough? Who is disrupting the domestic markets? How will China’s economy impact Japan? And more…. We are excited about day 2 of the Japan Forum today!

Insights: PWMA & KPMG China just dropped the 8th Annual Hong Kong Private Wealth Management Report, and the verdict is in: Hong Kong is still the powerhouse! Seamless onboarding, diverse investments, and top-notch investor protection make it THE private wealth management hub. On the other hand, amid global uncertainties, opportunities in the Chinese Mainland market, a booming family office scene, and savvy government reforms are reasons to stay optimistic. #FinancialOptimism #WealthInsights #WealthManagement #HongKongFinance #InvestingInTomorrow

#taylorswift and her deal with #singapore #hongkong implications? Perhaps not directly. But certainly from a #riskmanagement perspective, the brain and capital drain plaguing much beloved HK has benefited Singapore profoundly. And will continue to do so. An #intangiblerisk case study? Set aside for the moment #aiintegration #talentretention and #esgrisk . The existential pressure on individuals and teams in HK can challenge even the most resilient organizations. Phoenix Partners Consulting #ppcrisk

The headline is HK’s slide and Japan’s ascent. My perspective as a Singaporean is countries like Japan and Taiwan have overtaken or caught up, Malaysia in some key areas is better than Singapore and may be next to catch up or overtake us on this ranking. Singapore has made some small reforms to improve things but suffers from complacency, is desperately in need of big changes in boards to change culture, and must do a lot more to improve investor protection. Look forward to reading the report in full.

Japan jumps to 2nd place in ACGA's corporate governance rankings, Hong Kong drops to 6th. Read our new CG Watch overview report "A New Order," to find out why https://lnkd.in/gtrvcF9 #corporategovernance #ESG #Japan #HongKong

Thank you University of Sydney! 🇦🇺 From Harvard Kennedy School to USYD, we have successfully launched our book, “REIMAGINING THE WORLD WITHOUT CORRUPTION.” We hope to continue to have conversation and engage various stakeholders on how we can work together in addressing corruption. A world without corruption is not just about a more developed world, or a richer world. It is about creating a world where fairness and justice prevail, and where anyone can achieve their dreams without taking advantage of others. Creating this world will indeed be a challenge, but it is an achievable goal if we work together. Maybe what the world needs are people who care a little more for others, not just of themselves? Ending corruption is not something that can be done alone. As I’ve presented, fighting corruption requires the 3P framework of governance: People, Policies and Politics. Individually and collectively, we need to keep striving toward making the world a better place - if not for ourselves and for each other, then for the innocent, future generation who deserves a better world — so they don’t need to reimagine a world without corruption.

Mastering Regulatory Compliance in Asia's Diverse Markets The 11th Regional Conference of the Anti-Corruption Initiative for the Asia Pacific was held in 2023 under the theme, "From Pandemic to Recovery: Building Resilient Economies through Transparency, Integrity and Trust". Article: https://goo.su/N0waW Hridkamal Roy, Assistant Editor, #AsiaManufacturingReview Nathan Bush, Partner, DLA Piper Alex Koltsov, Managing Director, Grant Thornton LLP (US) #RegionalConference #AntiCorruptionInitiative #IntegrityandTrust #APACregion #compliancerisks #regulatoryriskassessments #Asianregulatoryauthorities #regulatorycompliancerisks #businesslandscape #employmentlaws #environmentalregulations #politicalandgeopoliticalrisks #financialcompliance #protectionlaws