Hong Kong

Trading & Investment

Hong Kong Regulator Warns Against Short Position Reporting Lapses

By Editors | 09/10/2014

The Securities and Futures Commission has warned against inaccurate reports and late filing on short positions, noting that a contravention of rules without a reasonable excuse may constitute a criminal offence.

Structural Regulation

HKEx and Dual Class Shares: Solving the Chinese Puzzle

By Peter Guy | 07/10/2014

Reconciling the contradictions and problems of dual class shares for the Hong Kong market will define its future.

Structural Regulation

Ashley Alder Appointed to Second Term as SFC CEO

By Editors | 26/09/2014

Ashley Alder has been appointed for a second three-year term as chief executive of the Securities and Futures Commission.

KYC & CDD

New Zealand Banks Balk at Global Initiative Similar to FATCA

By Editors | 23/09/2014

New Zealand could be an early adopter of the multilateral follow-up to the controversial United States Foreign Account Tax Compliance Act (FATCA), but local banks are raising concern about the readiness of the sector for such initiative.

Structural Regulation

Hong Kong Regulator Seeks Tougher Vetting Rules for GEM Companies

By Editors | 18/09/2014

The Securities and Futures Commission is recommending that the the city’s stock exchange tighten its vetting process for Growth Enterprise Market-listed (GEM) companies that seek listing on the main board.

Payments & Settlements

Hong Kong Lobbies Beijing to Lift Cap on Yuan Conversion

By Editors | 15/09/2014

The Hong Kong Monetary Authority has asked Beijing to lift the cap on the amount of yuan local residents can convert as part efforts by the city’s de facto central bank to boost the amount of mainland currency in the system ahead of the Stock Connect scheme with Shanghai next month.

Resolution & Recovery

Hong Kong to Enhance Protection for Bank Depositors

By Editors | 14/09/2014

Hong Kong regulators are seeking industry views on recommendations to improve a scheme that provides a financial safety net for depositors in the event of a banking crisis.

Trading & Investment

Hong Kong’s First Islamic Bond Issue Raises $1 Billion

By Editors | 12/09/2014

Hong Kong has sold its first ever sovereign Islamic bonds, raising $1 billion amid strong demand for the landmark offering.

Trading & Investment

Hong Kong, Shanghai Bourses Sign Deal on ‘Through Train’

By Editors | 03/09/2014

Hong Kong Exchanges and Clearing Ltd has signed an agreement with the Shanghai Stock Exchange and China Securities Depository and Clearing Corporation for the establishment of Shanghai-Hong Kong Stock Connect.