ADVERTISEMENT
Market Infrastructure
Hong Kong, China to Launch ‘Swap Connect’ in Six Months
By Sanday Chongo Kabange | 05/07/2022
Swap Connect will initially enable Hong Kong and international investors to trade in Mainland interest rate swaps, and potentially other derivatives in futures.
Capital / Liquidity
HKMA Explores Use of Deep Learning for Credit Risk Assessment
By Editors | 04/07/2022
A trained model was able to consistently detect corporate credit deterioration at both the transaction level and aggregate level with a three-month lead time.
ESG / Sustainability
HKMA to Integrate Climate Risk in Supervisory Processes
By Editors | 01/07/2022
Climate risk management will be a standing item in annual prudential meetings with banks. The CAMEL rating framework will be updated.
ESG / Sustainability
SFC Reviewing Market Practices to Guard Against Risk
By Manesh Samtani | 30/06/2022
Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
Securities / Derivatives
HK FRC Explores Joint Audit Inspections with Mainland Authorities
By Editors | 29/06/2022
Hong Kong’s Financial Reporting Council already has 13 cases involving mainland audit work papers, two of which have been concluded.
Securities / Derivatives
ETFs to Be Included in Stock Connect Starting 4 July
By Editors | 29/06/2022
The relevant rules and operational and regulatory arrangements have been finalised and technical systems have been put in place.
Enforcement
SFC Fines CES Capital for Fund Management Failures
By Editors | 28/06/2022
CES Capital International failed to perform sufficient due diligence and monitoring of the underlying investments of two funds.
Fintech / Regtech
Impacts of New PCPD Guidance on Cross-border Data Transfers
By Albert Yuen | 27/06/2022
FIs in Hong Kong should review whether their commercial agreements contain requirements equivalent to the recommended model contractual clauses, say Albert Yuen and Eunice Lee.
Securities / Derivatives
HKMA, SFC to Proceed With Changes to FSP List
By Editors | 27/06/2022
One new entity, Nomura Financial Products Europe GmbH, is being added to the FSP List under the OTC derivatives regime.
AML / KYC
Hong Kong VASP Regime to Take Effect on 1 March 2023
By Natalie Curtis | 26/06/2022
The government acknowledges that the VASP regime will be more rigorous and comprehensive than those in Singapore, UK and Japan.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.