Hong Kong

Market Infrastructure

FSB Issues Progress Report on Interest Rate Benchmark Reform

By Manesh Samtani | 15/11/2018

The FSB notes progress to strengthen major IBORs and identify RFRs and other alternative reference rates, highlighting actions taken in Australia, Hong Kong and Singapore.

Market Infrastructure

GDPR and Hong Kong’s PDPO: Are They So Different?

By Peter Lancos | 06/11/2018

Hong Kong’s data privacy ordinance is conceptually similar to GDPR, but perhaps with ‘smaller teeth’, say Peter Lancos and Jennifer Boyse at Exate Technology.

Crypto / Digital Assets

Crypto Players Welcome Hong Kong Regulation

By Garima Chitkara | 06/11/2018

New regulation could lead to industry consolidation and greater institutional money, said panellists at ASIFMA’s annual conference in Singapore.

Crypto / Digital Assets

Hong Kong Targets Investor Protection in New Approach to Crypto Regulation

By Manesh Samtani | 02/11/2018

The SFC will bring crypto-asset portfolio managers, fund distributors and eventually exchanges under its regulatory net, said Ashley Alder at Hong Kong Fintech Week.

Market Infrastructure

AIMA Publishes FMCC Implementation Guide

By Editors | 01/11/2018

AIMA, Clifford Chance and Herbert Smith Freehills designed the guide to help Hong Kong asset managers better understand the expectations placed upon them and their constituents.

Fintech / Regtech

HKMA Launches Blockchain-based Trade Finance Platform ‘eTradeConnect’

By Manesh Samtani | 01/11/2018

Launched at Hong Kong Fintech Week, eTradeConnect improves trade efficiency by automating trade finance processes using blockchain technology.

Crypto / Digital Assets

HKEX Develops Blockchain Prototype for Northbound Trade Settlement

By Editors | 01/11/2018

HKEX will work with Digital Asset to introduce the first blockchain platform for financial services in Hong Kong, said Charles Li in a speech at Hong Kong Fintech Week.

Market Infrastructure

Hong Kong-UK Mutual Funds Recognition Hits a Snag

By Manesh Samtani | 31/10/2018

A number of Hong Kong unit trusts are not eligible to be sold in the UK, where regulations require an independent trustee or custodian, according to a Fund Selector Asia report.

Market Infrastructure

Delivering Value from OTC Derivatives Repository Data

By Oliver Williams | 29/10/2018

DTCC’s Oliver Williams explores the use cases of enhanced trade repository data, as Asia’s regulators and institutions seek even greater transparency of OTC derivatives markets.