ADVERTISEMENT
Hong Kong
AML / KYC
UPDATED – HK Police Charge 10 Suspects for Ramp-and-Dump Activities
By Editors | 06/04/2023
Four of the individuals are alleged to have conspired with some of the individuals who were charged last September to use nominee accounts to corner the shares of two target stocks.
AML / KYC
ICAC Concludes First Training Day for Banks on Corruption Risk
By Sanday Chongo Kabange | 05/04/2023
Acting ICAC Commissioner Ricky Yau said the training programme is aimed at enhancing banking sector standards on preventing corruption risk.
Securities / Derivatives
SFC Offers Guidance on Managing Risk in Trading Activities
By Manesh Samtani | 04/04/2023
The guidance covers operational risk management, remote booking risk management, and data risk management, based on a thematic review.
ESG / Sustainability
Hong Kong Exchange Lists First Ever Catastrophe Bond
By Editors | 03/04/2023
The $350mn catastrophe bond offers protection against losses related to earthquake risks in Chile over the next three years.
Capital / Liquidity
HKEX to Increase Size of Futures Market Reserve Fund
By Manesh Samtani | 30/03/2023
HKFE Clearing Corporation has revised the default assumption used in calculating the Reserve Fund size.
AML / KYC
HKMA, SFC to Host Discussions Between Crypto Firms & Banks
By Editors | 30/03/2023
A roundtable will take place on 28 April at the HKMA to facilitate dialogue and experience sharing regarding opening and maintaining bank accounts.
Crypto / Digital Assets
Mainland Banks Offer Services to Hong Kong Crypto Firms
By Editors | 28/03/2023
Mainland Chinese banks have reportedly started offering banking services to crypto firms in Hong Kong, which is seeking to become a major digital assets hub.
Fintech / Regtech
SFC Consults on Subsidiary Legislation for Paperless Securities
By Editors | 27/03/2023
The subsidiary legislation covers operational and technical matters and the introduction of a more robust regulatory regime for securities registrars.
AML / KYC
Hong Kong ICAC Issues Corruption Prevention Guide for Banks
By Sanday Chongo Kabange | 27/03/2023
The HKMA said banks operating in Hong Kong must use and make reference to the new corruption prevention guide.
Securities / Derivatives
SFC Waives Annual Licensing Fees for 2023/24 Financial Year
By Editors | 27/03/2023
The annual licensing fees were first waived for the 2020/21 financial year for a one year period, but it has since been extended each year.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.