HONG KONG MONETARY AUTHORITY

AML / KYC

HKMA Issues Product Sales, Securities Handling Guidance

By Samuel Riding | 24/02/2017

Regulators notes ‘controls, monitoring and compliance review’ lapses by private banks.

Canadian Bank Deploys AxiomSL Platform in Singapore, HK

By Samuel Riding | 07/02/2017

AxiomSL, the provider of regulatory reporting and risk management solutions, announced a leading Canadian bank has successfully completed the first […]

Market Infrastructure

HK Announces OTC Derivatives Reporting Tests

By Samuel Riding | 30/01/2017

Licensed corporations need to complete tests by the end of May.

Fintech / Regtech

The Whys and Whats of Regtech

By Nick Wakefield | 19/01/2017

Speakers at Fintech Finals discuss the rationale for regtech, and where it can be of most use.

Market Infrastructure

HKMA Ends Trade Repository Fee Cap

By Samuel Riding | 16/01/2017

Move aims to recover costs of daily services from participants.

HK Aligns Bank Self-assessment with Revised Practice Code

By Samuel Riding | 13/01/2017

New requirements include some AI subsidiaries, affiliates in self-assessment.

AML / KYC

HKMA Issues Operational Incidents Watch

By Samuel Riding | 13/01/2017

Regulator flags errors in OTC derivatives transactions, credit card applications.

Europe Grants APRA, HKMA and BOJ Equivalency on Confidentiality Rules

By Samuel Riding | 12/01/2017

Regulations on professional secrecy, restrictions on use of confidential information deemed equivalent.

Capital / Liquidity

HK Unauthorised Mortgage Alert System Goes Live

By Samuel Riding | 04/01/2017

Land Registry will alert banks when documents are registered.