Hong Kong

    Crypto / Digital Assets

    HKMA, InvestHK Invite Firms to Showcase CBDC Solutions

    By Editors | 11/08/2022

    A CBDC track has been added to Global Fast Track 2022. Banks, fintechs and tech firms are asked to submit innovative solutions in eight focus areas.

    AML / KYC

    Hong Kong Saw Almost HK$400m in Crypto Scams in H1 2022

    By Editors | 11/08/2022

    Crypt-related scams, job scams and online shopping scams made up the top three types of cybercrimes in Hong Kong in the first half of this year.

    Market Infrastructure

    New Rules on Bookbuilding & Placing Activities Take Effect in Hong Kong

    By Manesh Samtani | 10/08/2022

    The new requirements represent the “most significant” regulation of debt primary markets in Asia-Pacific in recent memory, ICMA said in its latest quarterly report.

    Securities / Derivatives

    SEHK Migrates Systems to New SSE Trading Gateway

    By Editors | 09/08/2022

    The Shanghai Stock Exchange’s new trading gateway was introduced to “ensure the safe and compliant operation of member transactions and related systems” and prevent trading risks.

    Securities / Derivatives

    HKEX Launches Compression Service for OTC Derivatives

    By Editors | 08/08/2022

    OTC Clear’s multilateral compression service was introduced on Monday in cooperation with TriOptima.

    Securities / Derivatives

    HKEX Launches First A-Share Index Derivative Warrants

    By Editors | 08/08/2022

    HKEX launched of MSCI China A50 Connect Index Derivatives Warrants from four issuers – BNP Paribas, Goldman Sachs, JP Morgan, and Morgan Stanley.

    Enforcement

    SFC Fines TC Capital for Due Diligence Failures in Sponsor Work

    By Editors | 03/08/2022

    The SFC said there was a need to send a “strong deterrent message” to the industry and market that “sponsor failures will not be tolerated”.

    ESG / Sustainability

    SFC Sets Out Next Steps on Green Transition Agenda

    By Sanday Chongo Kabange | 03/08/2022

    The agenda focuses on enhancing corporate disclosures, monitoring implementation of existing measures, and advancing work on a carbon market.

    Fintech / Regtech

    eMPF: Reshaping the Hong Kong Pensions Landscape

    By Chris Pascoe | 02/08/2022

    The eMPF project presents an opportunity to transform all aspects of today’s compartmentalized and fragmented approaches to MPF administration, says Chris Pascoe.

    Securities / Derivatives

    HKEX Extends Listing Rules to Cover Share Award Schemes

    By Editors | 01/08/2022

    The rule amendments relating to share schemes will come into effect on 1 January 2023, however issuers may adopt the amended rules earlier.

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