ADVERTISEMENT
Securities / Derivatives
HKMA, SFC Direct Intermediaries to Improve Client Trade Practices
By Editors | 30/10/2021
Intermediaries have been required to undertake remedial action to address non-compliance with transaction-related disclosure requirements.
Fintech / Regtech
HKMA to Bolster Regtech Talent Through New Skills Framework
By Manesh Samtani | 25/10/2021
The HKMA will launch a new ECF on Fintech by year-end. It will incorporate a set of competency standards and training curriculum that apply to regtech practitioners.
Securities / Derivatives
HKMA Amends Requirements on Share Margin Financing
By Sanday Chongo Kabange | 25/10/2021
The HKMA says continued enforcement of the requirement to observe market norms in the setting of maximum LTV ratios is no longer appropriate.
AML / KYC
HKMA, SFC Issue FAQ on ‘Offence Related Property’ Under NSL
By Editors | 25/10/2021
FIs “must” disclose to the JFIU property held by persons charged for offences under the National Security Law regardless of the portion of shareholdings.
Fintech / Regtech
HKMA, PBOC Agree to Link Regulatory Sandbox Across Borders
By Mark Johnston | 22/10/2021
The arrangement will facilitate cross-border financial innovation in the Greater Bay Area and strengthen supervisory exchanges.
Market Infrastructure
19 Hong Kong Banks Approved to Participate in Wealth Connect
By Manesh Samtani | 19/10/2021
Citibank, Hang Seng Bank, HSBC, ICBC, and Standard Chartered are among those that will participate in both the southbound and northbound schemes.
ESG / Sustainability
HK Regulators Offer Support for New Climate Action Plan
By Manesh Samtani | 13/10/2021
The Green and Sustainable Finance Cross-Agency Steering Group pledges support for the government’s Climate Action Plan 2050.
Securities / Derivatives
HKMA, SFC Outline Expectations on Sale of ILS Products
By Manesh Samtani | 11/10/2021
The circular follows the $30mn issuance of Hong Kong’s first catastrophe bond by Greater Bay Re, a state-sponsored special purpose vehicle.
Securities / Derivatives
SFC, HKMA Release Findings on Investment Product Sales
By Editors | 08/10/2021
Firms sold investment products with an aggregate transaction amount of HKD 5.7 trillion during 2020, with the participation of over 700,000 investors.
Market Infrastructure
Hong Kong Announces Initiatives to Bolster Financial Hub Status
By Manesh Samtani | 07/10/2021
Chief Executive Carrie Lam announced measures to improve the stock market listing regime and enable RMB-denominated securities in Hong Kong.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team