Hong Kong

When Family Ownership Triumphs Over Compliance

By Peter Guy | 03/06/2015

Bank of East Asia faces a challenge from hedge fund revealing the governance shortfalls of family ownership.

Hong Kong Regulator Reprimands BNP for Unreported Cross Trades

By Editors | 02/06/2015

The Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Securities (Asia) Limited HK$11 million for failing to report more than HK6 billion of cross trades over a 10-year period.

HKEx Plans to Double Clearing Capacity

By Editors | 02/06/2015

In response to substantially increased trading volumes, HKEx plans to double its stock clearing system capacity.

Hong Kong Reviews Impact of FIFA Probe on Banks

By Editors | 28/05/2015

Hong Kong is “monitoring the implications” for banks following bribery and corruption charges against officials of the football governing body FIFA.

Hong Kong Plans Commodities Link with China

By Editors | 20/05/2015

Hong Kong Exchanges and Clearing Ltd (HKEx) is exploring the possibility of setting up a commodities link with mainland China similar to the the city’s stock connect program with Shanghai.

HKMA Requires New Tax Checks on Banks’ Clients

By Editors | 18/05/2015

In a push to monitor money laundering in the banking system, Hong Kong regulators have asked banks to look into customer’s filings to see if they’re paying their dues.

Hong Kong Bans Retail Investors from Dark Pool Trading

By Editors | 15/05/2015

The Securities and Futures Commission (SFC) has banned individual investors from trading in dark pools as a result of industry consultation on how to improve regulation of the alternative trading venue.

Hong Kong’s SFC Says Will Be On Guard for Market Manipulation

By Editors | 12/05/2015

Securities and Futures Commission would watch market activity closely to ensure against market manipulation amid a surge in trading volume.

CCB (Asia) Selects Wolters Kluwer to Help Address Regulatory Reporting Requirements

By Editors | 05/05/2015

China Construction Bank (Asia) has announced they will be implementing Wolter Kluwers, OneSumX Regulatory Reporting solution.