Hong Kong

AML / KYC

HK to Issue New Account Opening Guidelines

By Samuel Riding | 16/08/2016

HKMA responds to concerns about SME and start-up access to banking services.

Market Infrastructure

HKMA’s Executive Director Retires

By Editors | 08/08/2016

Esmond Lee retires effective 7 August.

Capital / Liquidity

Hong Kong Revises Liquidity Risk Framework

By Editors | 04/08/2016

The revision aims to promote banks’ ability to withstand liquidity events.

Securities / Derivatives

AMAC Revokes Licenses of Over 10,000 Funds

By Editors | 02/08/2016

Association aims to restore China’s hedge fund industry as managers comply with stricter rules.

SFC Assigns New Investment Products Exec. Director

By Editors | 01/08/2016

The appointee will serve as head of investment products for three years.

HK Court Clarifies Money Laundering Rule

By Samuel Riding | 27/07/2016

Judgment suggests even ‘clean’ money can lead to prosecution if there are circumstantial indications of an offence.

Securities / Derivatives

HK’s Relaunched Closing Auction Takes 2.2% of Volume on 1st Day

By Samuel Riding | 26/07/2016

Measure reintroduced to improve accuracy of closing share prices receives muted response.

Market Infrastructure

Additional SFC Powers Said to Impede Market Growth

By Samuel Riding | 25/07/2016

Chamber of Hong Kong Listed Companies says reform will threaten market development.

Market Infrastructure

SFC Said Surveying Brokerages on Dark Pool Compliance

By Samuel Riding | 19/07/2016

Dark pools comprised about 1.6% of Hong Kong securities market turnover last month.