Securities and Futures Commission

Market Infrastructure

HKIFA Seeks Loosening of HK-China MRF Restrictions

By Editors | 27/11/2018

The industry association has been working with EY on proposals aimed at making it easier to distribute Hong Kong-based funds into China through the mutual recognition scheme.

Big Picture

“Good Progress” On OTC Reform Among G20 Nations – FSB

By Garima Chitkara | 21/11/2018

The FSB found progress in OTC reform implementation on among 24 member jurisdictions, with great strides on trade reporting and higher capital on non-centrally cleared derivatives.

Securities / Derivatives

SFC Begins Thematic Review to Assess Risk at Licensed Corporations

By Garima Chitkara | 19/11/2018

The regulator will conduct a review of selected firms in Hong Kong with a view to understanding risks arising from remote risk booking, operational risk and data risk.

Press Release

Regulation Asia Awards ‘Law Firm of the Year’ to Herbert Smith Freehills

By Editors | 15/11/2018

Herbert Smith Freehills has been awarded Law Firm of the Year in the inaugural Regulation Asia Awards for Excellence 2018.

Crypto / Digital Assets

Crypto Players Welcome Hong Kong Regulation

By Garima Chitkara | 06/11/2018

New regulation could lead to industry consolidation and greater institutional money, said panellists at ASIFMA’s annual conference in Singapore.

Crypto / Digital Assets

Hong Kong Targets Investor Protection in New Approach to Crypto Regulation

By Manesh Samtani | 02/11/2018

The SFC will bring crypto-asset portfolio managers, fund distributors and eventually exchanges under its regulatory net, said Ashley Alder at Hong Kong Fintech Week.

Market Infrastructure

AIMA Publishes FMCC Implementation Guide

By Editors | 01/11/2018

AIMA, Clifford Chance and Herbert Smith Freehills designed the guide to help Hong Kong asset managers better understand the expectations placed upon them and their constituents.

Capital / Liquidity

Hong Kong SFC to Update Financial Resources Rules

By Garima Chitkara | 22/10/2018

The updates to the FRR include changes on the treatment of foreign currencies, haircuts for some securities and refinements on securities transaction receivables.

AML / KYC

Revised HKMA Guidelines on AML/CFT to Take Effect from November

By Editors | 22/10/2018

The Guidelines are set to take effect from 1 November for authorised institutions and stored value facilities. The HKMA has also published its policy and supervisory approach.