Hong Kong

Market Infrastructure

HK, US Regulators Agree Mutual Supervision, Oversight

By Samuel Riding | 24/05/2016

SFC and FINRA sign agreement on regulation of entities with cross-border operations.

AML / KYC

SFC to Consult on Investor Identity Disclosure

By Samuel Riding | 23/05/2016

Brokers could be required to disclose identities of individuals making equity trades.

Market Infrastructure

HKMA Launches Cybersecurity Initiative

By Samuel Riding | 19/05/2016

Programme to cover cyber resilience assessment, professional development and information sharing.

HSBC Private Bank Fine Breaks New Regulatory Ground

By Peter Guy | 09/05/2016

Hong Kong SFC’s punitive measures are unlikely to make investing safer for advisors or clients.

AML / KYC

HSBC Appeals Mis-selling Fine

By Samuel Riding | 05/05/2016

Private banking unit was hit with HKD605mn SFC fine in July 2015.

Moody’s SFC Fine Halved, Ruling Upheld

By Samuel Riding | 01/04/2016

Hong Kong’s Securities and Futures Appeals Tribunal upheld a ruling that a Moody’s Investors Service report was misleading and inaccurate. […]

Market Infrastructure

HK Banks ‘Stable’ Despite China Risks – Fitch

By Samuel Riding | 31/03/2016

Rating agency cites continued danger but notes banks’ declining exposure to mainland.

AML / KYC

Hong Kong Launches New Professional Investor Regime

By Samuel Riding | 28/03/2016

Regime introduces principles-based test for sophistication of corporate professional investors.

SFC Appoints New Head of Enforcement

By Editors | 24/03/2016

Thomas Atkinson to move from Ontario Securities Commission on 3-year term.