Hong Kong

AML / KYC

HK SFC Amends Account Opening Rules

By Samuel Riding | 25/10/2016

Regulator says Code of Conduct requirements are at par with international standards, adds some measures.

HK SFC Reprimands, Fines 2 JP Morgan Operations

By Samuel Riding | 21/10/2016

Entities breached disclosure rules, offered index options without due licence, had inadequate system controls.

HK Tribunal Tells Short Seller to Repay $200,000

By Samuel Riding | 20/10/2016

Citron’s Andrew Left also banned from trading in Hong Kong for five years, vows appeal.

Securities / Derivatives

HK’s SFC Reprimands, Fines Forex Service $500,000

By Samuel Riding | 20/10/2016

SFC concludes HK FXCM did not treat clients fairly or have proper controls, policies.

AML / KYC

SFC Reminds on Sudan, DRC Sanctions

By Samuel Riding | 17/10/2016

Regulator also asks corporations and entities to conduct AML compliance checks.

Up at Night – Hong Kong’s Most Pressing Regulatory Issues

By Wolters Kluwer Financial Services | 14/10/2016

Speakers at recent Institute of Bankers conference discuss cybersecurity, AML/CTF, and more.

Market Infrastructure

HK Launches Brokerage Cybersecurity Review

By Samuel Riding | 14/10/2016

SFC says compromised or unauthorised transactions amounted to $12.89mn.

AML / KYC

SFC Clarifies Broker Requirements

By Samuel Riding | 03/10/2016

Clarification follows unusual step of public warning on internal AML controls.

Market Infrastructure

HKEX Issues SZ-HK Stock Connect Rules

By Samuel Riding | 29/09/2016

Information book, SEHK rules and FAQs amended.