HONG KONG MONETARY AUTHORITY

Hong Kong Regulators Relax Reporting Rules for OTC Derivatives

By Editors | 28/11/2014

Hong Kong regulators have concluded their industry consultation on the record-keeping and reporting rules for over-the-counter derivatives, and noted that the reporting obligation for OTC will be implemented in phases.

HKMA Removes Daily RMB Conversion Limit – A Closer Look

By Peter Guy | 14/11/2014

The decision reveals its role in China’s overall plan to evolve the RMB into an international investment currency.

Hong Kong to Lift Daily Limit on Yuan Conversion

By Editors | 13/11/2014

The Hong Kong Monetary Authority said it is removing the daily limit for converting the city’s currency to Chinese yuan when the landmark Shanghai-Hong Kong stock trade program is launched on Monday.

Shanghai-Hong Kong Stock Link to Start November 17

By Editors | 11/11/2014

China has approved a long-awaited Shanghai-Hong Kong Stock Connect scheme, which allows cross-border trade between the two bourses.

Securities / Derivatives

Taiwanese Banks’ Loan Exposure to Chinese Clients Examined in Hong Kong

By Editors | 10/11/2014

Hong Kong’s financial regulator is looking into the loan exposure of Taiwanese banks to mainland Chinese companies and has launched an onsite probe into the matter.

Hong Kong, France to Cooperate in Offshore Renminbi Trade

By Editors | 29/10/2014

The Hong Kong Monetary Authority and Banque de France have signed an agreement to cooperate in enhancing the offshore renminbi business between the two jurisdictions.

Hong Kong to Implement Revised Capital and Liquidity Rules for Banks

By Editors | 27/10/2014

Hong Kong Monetary Authority has issued the revised capital and liquidity rules for the banking sector in view of the second phase of Basel III requirements which will take effect from January next year.

Hong Kong Lobbies Beijing to Lift Cap on Yuan Conversion

By Editors | 15/09/2014

The Hong Kong Monetary Authority has asked Beijing to lift the cap on the amount of yuan local residents can convert as part efforts by the city’s de facto central bank to boost the amount of mainland currency in the system ahead of the Stock Connect scheme with Shanghai next month.

Hong Kong to Enhance Protection for Bank Depositors

By Editors | 14/09/2014

Hong Kong regulators are seeking industry views on recommendations to improve a scheme that provides a financial safety net for depositors in the event of a banking crisis.