Hong Kong

Securities / Derivatives

Hong Kong Regulator Fines Ping An for Control Failings

By Editors | 09/07/2014

The Securities and Futures Commission has fined Ping An of China Securities (Hong Kong) HK$6 million over “serious internal control deficiencies.”

Securities / Derivatives

Regulator SFC to Promote Hong Kong Domiciled Funds

By Editors | 08/07/2014

The Securities and Futures Commission said it will continue with its efforts to develop an asset management market for Hong Kong domiciled funds, while safeguarding investor interests through launching various regulatory initiatives.

Hong Kong Regulator Reviews Regulation Approach to Market Intermediaries

By Editors | 27/06/2014

The Securities and Futures Commission is reviewing its overall approach to the regulation of market intermediaries following the combination of its licensing and supervision departments within a new Intermediaries Division.

Moody’s Maintains Negative Outlook for Hong Kong Banks Over High China Loan Exposure

By Editors | 27/06/2014

Moody’s Investors Service has maintained its negative outlook on Hong Kong’s banking system because of risks to lenders over the next 12 to 18 months from their increasing exposure to mainland borrowers.

Hong Kong Launches Competency Framework for Wealth Management

By Editors | 24/06/2014

The Hong Kong Monetary Authority has launched a non-statutory competency framework for private wealth management practitioners in Hong Kong.

Securities / Derivatives

Hong Kong Regulator to Relax Fund Rules on Making Offers and Prices Public

By Editors | 24/06/2014

The Securities and Futures Commission is seeking industry opinion on proposals to amend the code on unit trusts and mutual funds.

Hong Kong Exchanges Revises Corporate Governance Norms to Boost Risk Management

By Editors | 23/06/2014

Hong Kong Exchanges and Clearing is proposing to revise corporate governance norms relating to internal controls, with the plan to require companies to place greater emphasis on risk management.

Securities / Derivatives

Hong Kong Regulator to Amend Disclosure Norms for HK-Shanghai Stock Scheme

By Editors | 19/06/2014

The Securities and Futures Commission plans to revise guidelines that will exempt companies from certain disclosure obligations.

Hong Kong Aims to Develop Islamic Finance Market, Says Regulator

By Editors | 19/06/2014

Hong Kong is keen to further develop its Islamic finance market, a Securities and Futures Commission official said, adding that the city aims to work closely with Malaysia in enhancing its platform for Islamic finance.