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Securities / Derivatives
Stock Connect: 2nd Phase of Market Data Changes Set to Take Effect
By Manesh Samtani | 03/08/2024
Investors participating in Stock Connect from Hong Kong will no longer be able to calculate net flows at the end of each trading day.

Crypto / Digital Assets
Futu Launches Crypto Services for Hong Kong Retail Investors
By Editors | 03/08/2024
Futu Securities International is the first online broker in Hong Kong to offer crypto trading services to retail investors.

AML / KYC
HK Banks Extend Fraud Alerting Service to Counter Transactions
By Editors | 02/08/2024
HKMA said customers will receive fraud risk alerts regardless of whether a transfer is conducted at a branch or through online channels.

Sanctions
OFAC Sanctions More Houthi Procurement Facilitators
By Editors | 02/08/2024
The sanctions target “key actors” located in China, Hong Kong, and Yemen who have “directly supported” the Houthis’ weapons procurement efforts.

ESG / Sustainability
Gold Standard Carbon Credits Debut on HKEX Carbon Marketplace
By Editors | 02/08/2024
Gold Standard’s Verified Emission Reductions can now be traded on the Core Climate platform. Trading fees are waived until further notice

Market Infrastructure
Hong Kong IA to Start Charging Fees from September
By Sanday Chongo Kabange | 02/08/2024
The Insurance Authority has not charged licensing and related fees since it assumed supervisory responsibilities in 2019.

Market Infrastructure
HKMA Sets Expectations for CRA’s Exit from ‘Credit Data Smart’
By Sanday Chongo Kabange | 01/08/2024
Credit reference agency Nova Credit Limited has decided to cease operations and exit the new credit reference platform known as Credit Data Smart.

Crypto / Digital Assets
US Lawmaker Proposes to Create Strategic Bitcoin Reserve
By Editors | 31/07/2024
A Hong Kong lawmaker said including Bitcoin in the city’s strategic financial reserves is something that should be considered.

Securities / Derivatives
HKFE to Standardise Automatic Strike Listing Rules for Options
By Editors | 31/07/2024
Rule change will enable automatic strike listing based on daily underlying price movements all the way through to expiry for monthly option contracts.

Sanctions
OFAC Targets Iran Weapons Programmes With New Sanctions
By Editors | 31/07/2024
The sanctions cover two procurement networks that help Iran obtain components for weapons systems, including Hong Kong and China-based targets.
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