ADVERTISEMENT
HKMA Finds Gaps in How Banks Sell Tax Deductible Products
By Sanday Chongo Kabange | 15/09/2021
Some banks did not ensure the products were suitable, or did not explain product features and risks to customers.
Enforcement
Hong Kong ICAC Files Criminal Charges Against Former AXA Agents
By Editors | 15/09/2021
Three ex-insurance agents allegedly conspired to defraud AXA of HK$1.2mn in commissions and bonuses, and to launder over HK$2.7mn in crime proceeds.
Market Infrastructure
HKEX to Roll Out New Market Access Platform on 27 September
By Editors | 15/09/2021
The change is expected to improve latency, deliver higher performance, and provide greater flexibility to implement new functionalities in the future.
Market Infrastructure
Southbound Bond Connect to Launch on 24 September
By Editors | 15/09/2021
Southbound trading under Bond Connect will have an initial daily quota of CNY 20 billion and an annual quota of CNY 500 billion.
Market Infrastructure
APLMA, TMA Issue Guidance on SOFR Adoption in Loan Markets
By Manesh Samtani | 15/09/2021
The HKMA said it supports the publication of the new information note, which sets out options to replace USD LIBOR with SOFR in loan contracts.
Market Infrastructure
China to Develop Qianhai, Hengqin into GBA ‘Cooperative Zones’
By Editors | 14/09/2021
Qianhai in Shenzhen will be used to strengthen cooperation with Hong Kong while Hengqin in Zhuhai will serve to strengthen cooperation with Macao.
Securities / Derivatives
Hong Kong SPAC Framework to Prohibit Retail Access – Report
By Editors | 12/09/2021
Hong Kong’s SPAC framework will reportedly be issued for public consultation this month, proposing that only professional investors be allowed to participate.
Uncategorised
HKEX to Launch New Mobile Market Data Service
By Editors | 11/09/2021
Users will have access to Level 1 live streaming Hong Kong securities market data from their mobile devices.
Market Infrastructure
Cross-boundary Wealth Management Connect Launched
By Manesh Samtani | 10/09/2021
The PBOC, HKMA and AMCM have published the implementation details to support the launch of the Cross-boundary Wealth Management Connect Pilot Scheme.
Market Infrastructure
GBA Wealth Management Connect Set for Launch
By Editors | 10/09/2021
The southbound leg of Bond Connect will also be launching shortly. A press release will be held this afternoon to announce implementation details.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.