Sanctions

EU Expands Sanctions “Carve-Out” for Humanitarian Aid

28/11/2023

Latest Council decision will permit humanitarian transactions with EU-sanctions targets under 10 sanctions programs.

Securities / Derivatives

CSRC Approves First Three Consumption-related REITs

27/11/2023

The new approvals come after the CSRC unveiled measures in March this year to foster the issuance of new REIT products.

AML / KYC

HK Police, Banks Inaugurate New “Anti-Deception Alliance”

27/11/2023

Through the Alliance, ten participating banks will work alongside the police to provide real-time assistance in detecting, disrupting and deterring scams.

Enforcement

Korean Regulator Probes Sales of High Risk Derivatives

27/11/2023

Korean banks and brokerage firms sold equity-linked securities tied to the HSCEI, which has fallen more than 50 percent from its peak in 2021.

Enforcement

CSRC Probes Private Funds Over False Disclosures

27/11/2023

The CSRC said two private funds engaged in a multi-layered investment scheme, with false information disclosure and possible criminal behavior.

Crypto / Digital Assets

Interactive Brokers, Victory Securities Granted HK Crypto Licences

27/11/2023

Interactive Brokers and Victory Securities say they have approval to offer crypto trading services to retail investors in Hong Kong.

Capital / Liquidity

China Finalises Bank Rules on Country Risk Management

27/11/2023

Banks must establish “formal internal country risk rating systems” and set aside proportionate reserves for country risk.

Securities / Derivatives

HKEX Allows Indonesian Companies to Apply for Secondary Listings

27/11/2023

The inclusion of IDX on HKEX’s list of Recognised Stock Exchanges allows Indonesian companies to apply for a secondary listing in Hong Kong.

Market Infrastructure

SFC, HKEX Formally Announce Plans to Launch China Treasury Bond Futures

26/11/2023

The launch of treasury bond futures in Hong Kong will further expand the toolkit for overseas investors to hedge their exposure to Mainland assets.