Hong Kong

Market Infrastructure

HK Announces OTC Derivatives Reporting Tests

By Samuel Riding | 30/01/2017

Licensed corporations need to complete tests by the end of May.

AML / KYC

HK Regulator Details AML/CTF Failures

By Samuel Riding | 27/01/2017

SFC identified 200 instances of non-compliance during 2016 inspections.

Market Infrastructure

HK Brokers Blackmailed by DDoS Attackers – SFC

By Samuel Riding | 27/01/2017

Regulator urges firms to implement anti-DDoS systems, warns on ‘reflective amplification’ attacks.

HK SFC Reprimands, Fines Asset Manager

By Samuel Riding | 26/01/2017

Regulator concludes Value Partners exceeded authorised share capital, failed to report incident in good time.

Market Infrastructure

HK SFC Eyes ‘Unusual Volatility’ on GEM

By Samuel Riding | 23/01/2017

New guidelines aim to address ‘unusual high volatility’ on listed GEM securities.

Market Infrastructure

SEBI Issues Commodity Derivatives Proposals

By Samuel Riding | 20/01/2017

Proposal covers options using commodity futures contracts, settlement.

AML / KYC

HK, US Regulators Agree Cross-Border Monitoring

By Samuel Riding | 20/01/2017

Agreement covers cooperation on license exemptions and on-site visits for financial infrastructures and firms.

HK Firms Appointing Juniors as Responsible Officers – SFC

By Samuel Riding | 20/01/2017

Executive director for intermediaries defends Manager-in-Charge regime.

HK SFC Sues StanChart, UBS for IPO ‘Misconduct’

By Samuel Riding | 18/01/2017

Case relates to timber company now in liquidation, delisting due to accounting irregularities.