Electronic licensing forms for RA 13 will be available in Q3 2023. Depositaries operating in Hong Kong will then have four months to submit a licensing application.
HKEX has lowered the threshold for specialist tech firms to list on its exchange and made other refinements. The rules take effect from 31 March.
Regional bank PacWest secured $1.4bn in additional liquidity via Atlas SP Partners, an investment firm launched out of Credit Suisse's securitised-products group.
Regulators respond to Swiss decision to wipe out Credit Suisse bondholders by pledging to respect the bank rescue hierarchy in a crisis.
First Citizens Bank to Takeover SVB Deposits and LoansMarch 27, 2023
Hong Kong: New Regime for Depositaries to Start in Oct 2024March 27, 2023
New US Sanctions Target Myanmar Jet Fuel SuppliesMarch 27, 2023
Macau Launches Charles Li’s New Financial Assets ExchangeMarch 27, 2023
SWIFT Pilots Blockchain Solution to Tackle Corporate Actions FrictionsMarch 27, 2023
AUSTRAC Issues Guidance on Employee Due DiligenceMarch 27, 2023
HKEX Finalises New Listing Rules for Specialist Tech FirmsMarch 27, 2023
US Lender PacWest Facing Lawsuit Despite Securing LifelineMarch 27, 2023
Industry Welcomes Regulator Commitments to Prioritise BondholdersMarch 24, 2023
Australia Proposes Measures to Improve Competition in Clearing and SettlementMarch 24, 2023