Fintech / Regtech

SFC Consults on New Regulatory Requirements for Securities Registrars

31/10/2023

General principles on outsourcing, systems integrity and security, and disclosure obligations are being added to the code of conduct.

Enforcement

Korea FSS to Probe Illegal Short-selling by Foreign Investment Banks

31/10/2023

A special team will launch next week to investigate whether more global investment banks engaged in illegal short-selling, and whether local securities firms helped them.

Crypto / Digital Assets

ANNA Issues First Set of ISINs for Crypto Assets

31/10/2023

Crypto assets with a registered DTI can now also be issued an ISIN. Currently, there are already 108 ISIN–DTI pairs.

Crypto / Digital Assets

HKMA Unveils Findings from 1st Phase of e-HKD Pilot

30/10/2023

Another pilot will take place next year, potentially exploring corporate payments, cross-border payments, and blockchain interoperability.

AML / KYC

FATF Adds Bulgaria to Grey List, Removes Four Others

30/10/2023

The FATF also agreed to revise its asset recovery and NPO-related recommendations, besides publishing three new reports.

Securities / Derivatives

HKEX to Allow Listed Issuers to Hold Treasury Shares

29/10/2023

Hong Kong listed companies will be allowed to buy back, hold and resell their shares, subject to the laws where they are incorporated.

ESG / Sustainability

ASIFMA Issues Recommendations on Carbon Market Development

27/10/2023

A new paper from ASIFMA and King & Wood Mallesons offers recommendations on establishing, regulating and scaling up carbon markets.

ESG / Sustainability

Hong Kong’s Chief Unveils Series of Measures to Boost City

26/10/2023

Stamp duties on property purchases and securities transactions were reduced. A new fund distribution platform will be developed.

Fintech / Regtech

AI-based SupTech Can Improve Market Integrity: Study

25/10/2023

The study highlights the benefits of using AI-based SupTech to improve market integrity, detect misconduct and forecast crises.