Hong Kong

Securities / Derivatives

Northbound Trading for Swap Connect Has Launched

By Manesh Samtani | 15/05/2023

At the opening bell, 37 transactions worth about $273mn were executed involving participation from 16 foreign institutions.

Securities / Derivatives

ICE Invites HK Firms to Trade Futures in Singapore

By Editors | 14/05/2023

ICE Clear Singapore received authorisation from the SFC allowing it to clear ICE Futures Singapore trades for Hong Kong-based clearing members.

Capital / Liquidity

Hong Kong Roundtable: Bankers Explore Evolving Risk Landscape

By Editors | 14/05/2023

Regulation Asia and Wolters Kluwer held a roundtable with Hong Kong bankers to discuss the evolving risk landscape in the city.

Capital / Liquidity

HKMA Consults on Revised Large Exposures Reporting Templates

By Mark Johnston | 12/05/2023

The revisions aim to implement BELR changes, enhance credit risk monitoring, and address prudential reporting of related party transactions.

Enforcement

HK Court Orders Confiscation of HK$63m from Bribery Case

By Mark Johnston | 12/05/2023

The investor bribed a former Deutsche Bank director to obtain insider information to help him trade derivative warrants.

Market Infrastructure

PCAOB Publishes Findings from Audit Inspections of Chinese Firms

By Editors | 12/05/2023

The PCAOB said it found an “unacceptable rate” of deficiencies in the KPMG and PwC audits of US listed Chinese companies it reviewed last year.

Market Infrastructure

HKEX May Allow Market to Remain Open During Typhoons

By Editors | 12/05/2023

A working group from HKEX and the HKMA is reportedly drafting a plan to allow trading to continue as normal during typhoons and rainstorms.

Market Infrastructure

Swap Connect – A New Addition to the Connect Family

By Chong Liew | 11/05/2023

Swap Connect will mark another milestone for Hong Kong as a “super-connector” between mainland China and the rest of the world, says Chong Liew.

Capital / Liquidity

HKMA Specifies Regulatory Treatment of Swap Connect Margins

By Editors | 10/05/2023

Margins posted by banks to OTC Clear for participating in Swap Connect should be treated in the same manner as default fund contributions.