HONG KONG MONETARY AUTHORITY

Securities / Derivatives

Hong Kong Regulators Cautious on Rising China Loans

By Editors | 11/06/2014

Hong Kong regulators are imposing strict financial rules four years ahead of their expected implementation under global standards on worries some banks may be vulnerable if Chinese economy weakens significantly.

Hong Kong, Australia Seek to Boost RMB Trade

By Editors | 23/05/2014

A group of senior representatives from Hong Kong and Australian banks met to review developments in the Renminbi (RMB) business and consider ways to strengthen RMB products and services, with a view to facilitating greater participation of corporates and other customers in the RMB market.

IMF Warns of Hong Kong Banks’ Soaring Credit Exposure to China

By Editors | 07/05/2014

The International Monetary Fund has warned of Hong Kong banks’ rising exposure to mainland debt.

Hong Kong Prepares Sukuk Issuance

By Editors | 14/04/2014

Hong Kong is ready for Islamic bonds following the establishment of a tax framework that supports sukuk issuance, and as the government further develops a market for such bonds in the territory with the debut of a government sukuk.

Securities / Derivatives

Growing Awareness of Anti-Money Laundering in Asia Pacific

By Editors | 31/03/2014

According to KPMG’s Global AML Survey 2014, 88 percent of more than 300 respondents worldwide said that AML is a priority for senior management.

HKMA Asks Benchmark-Setting Banks to Uphold Internal Controls and Governance, Censures UBS

By Editors | 17/03/2014

Hong Kong Monetary Authority has censured UBS for attempting to rig Hong Kong’s interbank lending rates.

Hong Kong Regulator Urges Financial Institutions to Review Capital Planning Process

By Editors | 09/02/2014

The Hong Kong Monetary Authority plans to enhance existing rules to reflect recommendations on capital planning practices by the Basel Committee.

HKMA Cautions Authorised Institutions on Virtual Currencies

By Editors | 14/01/2014

With the recent rise of Bitcoin across the globe, the Hong Kong Monetary Authority (HKMA) writes a cautionary letter to authorized institutions (AI) in the city state about virtual currencies.

HK Consultation on Establishing Resolution Regime for Financial Institutions

By Editors | 07/01/2014

Hong Kong Government and regulators have launched the first stage of a public consultation on establishing an effective resolution regime for financial institutions, including financial market infrastructures.