Hong Kong

Enforcement

Hong Kong ICAC, Competition Commission to Enhance Collaboration

By Manesh Samtani | 19/12/2024

The ICAC and the Competition Commission signed an MoU to enhance collaboration in combating corruption and anti-competitive conduct

Crypto / Digital Assets

SFC Issues Circular Offering Clarity on VATP Licensing Process

By Sanday Chongo Kabange | 19/12/2024

VATP applicants can receive conditional licenses with restrictions that can only be lifted after a second-phase assessment process.

Fintech / Regtech

HKEX Launches New Data Marketplace for Investors

By Sanday Chongo Kabange | 19/12/2024

“HKEX Data Marketplace” will allow data users to access historical and reference data on securities and derivatives.

Crypto / Digital Assets

Hong Kong SFC Grants Four New Virtual Asset Licences

By Sanday Chongo Kabange | 19/12/2024

The SFC said the licences were granted under its “swift licensing process” for handling deemed-to-be-licensed VATP applicants

Market Infrastructure

HKEX Confirms Plans to Reduce Tick Sizes in Securities Market

By Editors | 18/12/2024

HKEX will proceed with its proposal to reduce minimum spreads of equities, REITs, and equity warrants in two phases.

Capital / Liquidity

SFC Sets Liquidity Risk Management Expectations for MMFs

By Manesh Samtani | 18/12/2024

MMF managers should use LMTs to ensure fair treatment of both redeeming and remaining investors when meeting redemption requests.

ESG / Sustainability

HKMA Issues New Guidance for Banks on Transition Planning

By Manesh Samtani | 17/12/2024

The guidance covers governance, implementation strategy, engagement strategy, metrics and targets, data collection, scenario analysis, and disclosure/communication.

Capital / Liquidity

HKEX to Accept CGBs as Collateral for Swap Connect from 13 Jan

By Sanday Chongo Kabange | 17/12/2024

From 13 January, China government bonds held through Bond Connect can be used as collateral for Northbound Swap Connect.

Capital / Liquidity

HKMA Publishes Five Revised SPM Modules in Gazette

By Editors | 17/12/2024

The revised modules mainly include updates to cater for the implementation of Basel III rules on exposure limits and liquidity.