Hong Kong Monetary Authority

Resolution & Recovery

HK Banks to Step up Failure Planning – Fitch

By Samuel Riding | 08/07/2016

Rating agency notes Hong Kong is one of the few Asian jurisdictions to allow bail in.

Resolution & Recovery

Hong Kong Enacts Resolution Ordinance

By Samuel Riding | 03/07/2016

Financial Institutions Ordinance establishes HKMA and SFC as resolution authorities.

Credit Risk

HKMA Warns on Aggressive Mortgage Lending

By Samuel Riding | 21/06/2016

Developers’ offering up to 95% mortgages increases banks’ credit risk, deputy head says.

Cybersecurity

Regulators’ Cybersecurity Expectations Lack Clarity – Hogan Lovells

By Samuel Riding | 06/06/2016

Law firm says it is unclear what benchmarks Hong Kong and Singapore will use.

AI Risk & Governance

New Frontiers in Regtech

By Samuel Riding | 01/06/2016

Technology is proving its value beyond KYC and AML and improving both compliance and regulatory oversight.

Cybersecurity

HKMA Launches Cybersecurity Initiative

By Samuel Riding | 19/05/2016

Programme to cover cyber resilience assessment, professional development and information sharing.

Supervision & Enforcement

HSBC Private Bank Fine Breaks New Regulatory Ground

By Peter Guy | 09/05/2016

Hong Kong SFC’s punitive measures are unlikely to make investing safer for advisors or clients.

Clearing & Post-Trade

Intermediary Opportunities in Asian OTC Derivatives

By Samuel Riding | 18/03/2016

OTC Derivatives Summit 2016 panellists discuss the operational challenges of clearing services and infrastructure in Asia.

Structural Regulation

HKMA ‘Respects’ HSBC HQ Decision

By Samuel Riding | 16/02/2016

Authority stresses Hong Kong’s status as banking hub after lender’s decision to stay in UK.