Hong Kong Monetary Authority

    Securities / Derivatives

    Shenzhen, Hainan to Issue New RMB Bonds in Hong Kong

    By Editors | 26/10/2022

    Hong Kong Financial Secretary Paul Chan said the issuances will increase the breadth and depth of the city’s RMB debt market.

    ESG / Sustainability

    BIS Innovation Hub, HKMA Tackle Green Bond Transparency

    By Editors | 25/10/2022

    Project Genesis 2.0 prototypes provided investors real-time transparency on the environmental impact of the use of proceeds from green bonds.

    Fintech / Regtech

    HKMA Officially Launches Commercial Data Interchange

    By Sanday Chongo Kabange | 24/10/2022

    The new platform will enable SMEs to get cheaper bank loans, and enable banks to access the information they need to assess creditworthiness.

    Big Picture

    BIS Innovation Hub, HKMA Publish Project Aurum Findings

    By Editors | 24/10/2022

    A two-tier prototype system was developed to test intermediated CBDC as well as stablecoins backed by CBDC in the interbank system.

    Securities / Derivatives

    HKMA Issues New Guidance on Investment Product Sales

    By Editors | 24/10/2022

    The new guidance covers investment product suitability, concentration risk assessments, and the sale of loss-absorption products.

    Capital / Liquidity

    HKMA Further Extends Loan Payment Holiday Scheme

    By Editors | 20/10/2022

    Businesses still face significant operational challenges due to a complex and uncertain external environment and economic outlook, the HKMA said.

    Crypto / Digital Assets

    Hong Kong Leader Announces Measures to Revitalise City

    By Manesh Samtani | 20/10/2022

    Lee’s administration will work to speed up the implementation of mutual market access arrangements with the mainland, among other measures.

    Fintech / Regtech

    HK Consumer Council Warns of Inadequate BNPL Protections

    By Editors | 18/10/2022

    The Consumer Council is calling on non-bank BNPL service providers to apply for a Money Lenders Licence and to implement consumer protection measures “as soon as possible”.

    AML / KYC

    HSBC Suspends Investment Services for Russian Clients in Hong Kong

    By Editors | 18/10/2022

    HSBC has reportedly sent a letter to most of its Russian retail clients in Hong Kong saying it is unable to provide them investment services because of sanctions imposed by the EU.

    HKMA Revises Return Templates to Streamline Bank Reporting

    By Editors | 18/10/2022

    Banks are no longer required to report their top ten non-bank Mainland China exposures on an aggregate basis.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team