HONG KONG MONETARY AUTHORITY

AML / KYC

Hong Kong Grants 1st Stored Value Licences

By Samuel Riding | 26/08/2016

Five firms issued with licences under Ordinance introduced in November 2015.

Asia’s Margining Deferments Test Global Regulatory Coordination

By Samuel Riding | 25/08/2016

Australia, HK and Singapore delays could spark regulatory arbitrage.

Capital / Liquidity

Margining Big Bang Starts With a Whimper

By Samuel Riding | 22/08/2016

EU, Australia, Japan and HK deferments could be followed by US and Japan; call variation margining plans into question.

AML / KYC

HK to Issue New Account Opening Guidelines

By Samuel Riding | 16/08/2016

HKMA responds to concerns about SME and start-up access to banking services.

Market Infrastructure

HKMA’s Executive Director Retires

By Editors | 08/08/2016

Esmond Lee retires effective 7 August.

Capital / Liquidity

Hong Kong Revises Liquidity Risk Framework

By Editors | 04/08/2016

The revision aims to promote banks’ ability to withstand liquidity events.

Market Infrastructure

HK Issues OTC Clearing Revisions

By Samuel Riding | 15/07/2016

HKMA and SFC consultation conclusions add further proposed revisions.

Market Infrastructure

HK Banks to Step up Failure Planning – Fitch

By Samuel Riding | 08/07/2016

Rating agency notes Hong Kong is one of the few Asian jurisdictions to allow bail in.

Market Infrastructure

Hong Kong Enacts Resolution Ordinance

By Samuel Riding | 03/07/2016

Financial Institutions Ordinance establishes HKMA and SFC as resolution authorities.