ADVERTISEMENT
Capital Adequacy
HK Hikes Capital Buffer Due to High Credit-GDP, Property-Rent Gaps
By Samuel Riding | 15/01/2018
Central bank chief expresses concern about growing gaps between credit and GDP, property prices and rents.
Cloud & Infrastructure
HKMA Proposes Open APIs for Financial Services
By Editors | 15/01/2018
Consultation suggests it could take just six months for banks to develop APIs including their product and service information.
Capital Adequacy
ICBC designated as D-SIB by HKMA
By Garima Chitkara | 02/01/2018
The bank will be required to include HLA buffer in their regulatory capital calculation within 12 months of the designation.
Structural Regulation
ESMA to Bring 3rd-country CRAs, Trade Repositories Under EU Supervision
By Samuel Riding | 04/12/2017
ESMA executive director Verena Ross says more than 200 non-EU trading venues have asked for exemptions from MiFID II post-trade transparency, position limits.
Conduct, Culture & Accountability
HK Regulators Warn on Conflicts of Interest in Product Sales
By Editors | 27/11/2017
HKMA, SFC say some intermediaries aren’t revealing related counterparties, not executing at best price, hide cheaper products.
Conduct, Culture & Accountability
HKMA Chief Urges Hong Kong Companies to Improve Corporate Governance
By Garima Chitkara | 23/11/2017
Hong Kong financial companies need further improvements to guard against risky behaviour.
Conduct, Culture & Accountability
Hong Kong Sets out Internal Audit Requirements for Authorised Institutions
By Editors | 02/11/2017
HKMA says audit functions must be separate from risk and compliance; will only allow outsourcing ‘under very limited circumstances’.
Structural Regulation
Here’s Sand in Your Eye
By Karen Chiu | 26/10/2017
**Why fintech (financial technology) sandboxes aren’t necessarily the child’s play they’ve been made out to be by banks and disrupters alike.
**
Conduct, Culture & Accountability
10,000 Individuals Register Under Hong Kong MIC Regime
By Editors | 19/10/2017
About 40% of individuals to have registered under MIC so far are unlicensed as they are in charge of operations or control functions, SFC says.
Resolution & Recovery
HK Legco to Consider Recovery Planning, Large Exposures Bill
By Editors | 19/10/2017
Banking Ordinance already includes resolution, but not recovery, requirements; HKMA to retain ‘general power’ on exposure limits.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.