Hong Kong

Market Infrastructure

HKMA Implements Cybersecurity Programme

By Samuel Riding | 22/12/2016

Hong Kong banking industry can soon access Cyber Intelligence Sharing Platform

Securities / Derivatives

Hong Kong Trials Short Position Reporting Rules

By Samuel Riding | 20/12/2016

New requirements due to come into effect on March 15.

Market Infrastructure

HKMA Develops Enhanced Cybersecurity Competency Framework

By Samuel Riding | 20/12/2016

Framework including continuing professional development to foster cybersecurity talent ..

Securities / Derivatives

HK SFC Asks Brokerage to Freeze Client Account

By Samuel Riding | 19/12/2016

Regulator says client account is suspected of being involved in market manipulation, account hacking.

AML / KYC

HK SFC Issues Management Accountability Rules

By Samuel Riding | 19/12/2016

Proposals cover eight main functions including compliance and AML/CTF.

Securities / Derivatives

SFC Revokes Securities Firm License for ‘Egregious Conduct’

By Samuel Riding | 16/12/2016

Officers banned from the industry for using client money for personal use.

HKMA Issues Governance Guidelines

By Samuel Riding | 15/12/2016

Systemically important institutions should set up risk, nomination and remuneration committees.

AML / KYC

HKMA Issues AML/CTF Competency Framework

By Samuel Riding | 14/12/2016

Enrolment in courses run by Hong Kong Institute of Bankers begins in April 2017.

Securities / Derivatives

Hong Kong SFC Cites Algo Trading Risk Mitigation Weaknesses

By Samuel Riding | 13/12/2016

Findings include insufficient management and control personnel involvement in governance.