Hong Kong

Standard Chartered Involved in HK IPO Probe

By Samuel Riding | 02/11/2016

Bank warns of ‘financial consequences’ if regulator takes action.

Securities / Derivatives

HKMA Revamps OTC Reporting Interface

By Samuel Riding | 01/11/2016

Changes include modified data fields, description, and enumerated values for mandatory reporting.

HK Regulator Revokes Asset Management Licences

By Samuel Riding | 01/11/2016

Company owner’s licence is revoked; banned for 10 years for abuse of clients’ trust.

Market Infrastructure

HK SFC Probes UBS on IPO Sponsorships

By Samuel Riding | 31/10/2016

Swiss bank could face fines or temporary suspension of advisory services.

Capital / Liquidity

Hong Kong to Launch E-Alerts for Unauthorised Mortgages

By Samuel Riding | 27/10/2016

AIs are expected to participate in the service unless they have ‘equally effective’ arrangements.

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.