Hong Kong

ESG / Sustainability

The Future of Climate Reporting: A Deeper Look at ISSB, HKEX Proposals

By Siva Ramachandran | 06/08/2023

CFA Institute and CFA Society Hong Kong call for auditor oversight and proportionate approach to climate disclosure with differentiated requirements for GEM issuers.

Securities / Derivatives

HKEX to Launch Enhanced Block Trade Facility for Derivatives on 28 Aug

By Editors | 05/08/2023

Exchange participants are asked to coordinate with their operations team, IT team and external vendors to ensure operational and technical readiness.

Crypto / Digital Assets

HashKey, OSL Win Approvals Needed to Serve HK Retail Crypto Investors

By Manesh Samtani | 04/08/2023

As existing licence holders, both firms had to undergo only a simplified process to obtain the required approvals.

Capital / Liquidity

BIS Paper Draws Lessons from HKMA Approach to NBFI Monitoring

By Manesh Samtani | 03/08/2023

The HKMA framework highlights how multiple data sources can be used to extract valuable information and signals for timely NBFI monitoring.

Securities / Derivatives

HKEX Will No Longer Single Out ‘China Risk’ in Issuer Disclosures

By Editors | 02/08/2023

HKEX removed specific requirements for issuers to disclose China-related risks, to align its requirements across all overseas-incorporated companies.

Securities / Derivatives

HKEX Adds Additional Margin Calculation Flexibility to VaR Platform

By Sanday Chongo Kabange | 02/08/2023

The changes are designed to accommodate the needs of more complex portfolios and allow firms to easily exclude positions that will be settled by end of day.

AML / KYC

HK Court Convicts 4 Ex-DBS Employees on Bribery Charges

By Sanday Chongo Kabange | 01/08/2023

The four former DBS employees were convicted for divulging confidential customer data to others for touting personal loans.

ESG / Sustainability

HKMA Launches Competency Framework for Sustainable Finance

By Ranamita Chakraborty | 31/07/2023

HKMA is seeking to establish standards for green finance roles in banks and to help practitioners gain knowledge.

AML / KYC

HKMA, SFC Offer New Guidance on Suitability Obligations

By Manesh Samtani | 30/07/2023

HKMA and SFC say intermediaries can tailor their point-of-sale procedures to the personal circumstances of sophisticated professional investors.