Hong Kong Monetary Authority

Fintech / Regtech

Hong Kong Pitches for Regtech Leadership

By JP Reimann | 13/04/2017

Regulators encourage mutual support and cooperation as industry players eye billions in cost savings.

AML / KYC

HKMA Ticks off, Fines Coutts for AML Failings

By Samuel Riding | 12/04/2017

Firm said to have inadequate PEP identification procedures for more than three years.

Uncategorised

Counting Down to the ‘New’ VM Deadline

By Samuel Riding | 30/03/2017

1 September highly likely to be the final cut-off for meeting OTC derivatives margin requirements.

HKMA Sets out Culture Requirements

By Samuel Riding | 03/03/2017

Banks should set up or expand board-level committees to tackle the issue.

Capital / Liquidity

HKMA Chief Appointed to Chair FSB Cooperation Committee

By Samuel Riding | 02/03/2017

MAS managing director Ravi Menon ends two-year term as chair of committee on implementation.

Market Infrastructure

HK Delays OTC Contract Novation Reporting Requirement

By Samuel Riding | 01/03/2017

Requirement that novation dates be reported by 28 February postponed.

Capital / Liquidity

HKMA Sets out IRRBB Model Exceptions

By Samuel Riding | 28/02/2017

Upcoming consultation expected to have ‘no significant deviation’ from BCBS standardised framework.

AML / KYC

HKMA Issues Product Sales, Securities Handling Guidance

By Samuel Riding | 24/02/2017

Regulators notes ‘controls, monitoring and compliance review’ lapses by private banks.

Canadian Bank Deploys AxiomSL Platform in Singapore, HK

By Samuel Riding | 07/02/2017

AxiomSL, the provider of regulatory reporting and risk management solutions, announced a leading Canadian bank has successfully completed the first […]