Trading & Investment

HKEX, HSIL Launch New Index Focused on Stock Connect

19/11/2024

The ‘Stock Connect China Enterprises Index’, or SCCEA, will track the largest Chinese companies under the Stock Connect scheme.

Payments & Settlements

HKMA Asks Merchant Acquiring Banks to Promote Mobile POS

19/11/2024

Banks are asked to promote adoption of mobile POS terminals by merchants to help expand coverage “as far as practicable”.

Conduct, Culture & Accountability

ASIC Sues NAB for Slow Response to Financial Hardship Claims

19/11/2024

ASIC says NAB and a subsidiary failed to respond to financial hardship applications within 21 days as required by law.

Cryptocurrency

HKEX Goes Live With New Virtual Asset Index Series

18/11/2024

The HKEX Virtual Asset Index Series consists of a reference index and reference rate for both Bitcoin and Ether.

Trading & Investment

Philippines Launches Peso Interest Rate Swaps Market

18/11/2024

The PESO IRS market will help deepen the capital market, boost trading and liquidity, and promote the development of yield curves.

Structural Regulation

HKMA Codifies Regulatory Expectations on Money Brokers

18/11/2024

New SPM module codifies existing requirements and standards for approved money brokers and elaborates on HKMA’s supervisory process.

Cryptocurrency

HKMA Warns Crypto Firms Against Misusing “Bank” Label

18/11/2024

The HKMA says misuse of the label “bank” by unlicensed crypto firms may constitute a contravention of the Banking Ordinance.

Anti-Money Laundering

Australia Consults on Enhanced Beneficial Ownership Reforms

15/11/2024

The reforms aim to increase the disclosure of ownership information for listed companies and broaden the ASIC’s regulatory enforcement powers.

Payments & Settlements

HKEX Successfully Completes First Severe Weather Trading Day

15/11/2024

HKEX confirmed that all trading, settlement and clearing operations in its securities and derivatives markets functioned normally.