Securities / Derivatives

BIS Survey Reveals Rising Significance of Asian FX Hubs

18/09/2019

Sales desks in China, Hong Kong and Singapore all recorded rises in FX trading activity compared to three years earlier. The UK increased its dominance despite Brexit fears.

Big Picture

Climate Risk Resilience Vital for Financial Stability: S&P

16/09/2019

Banks need to act now to minimise future climate-related costs and the impact on their creditworthiness, says a new report from S&P Global Ratings.

Market Infrastructure

HKEX Merger a ‘Significant Backward Step’, Says LSEG

14/09/2019

The London Stock Exchange Group sees no merit in further engagement because of fundamental flaws in HKEX’s offer.

Market Infrastructure

SGX Annual Report Highlights Rising Interest from Global Investors

13/09/2019

SGX is exploring how new technologies can further add value for customers and improve operations, while its regulatory arm seeks a stronger presence and oversight.

Crypto / Digital Assets

HKEX Seeks ‘Unprecedented’ Market Connectivity Via LSEG Merger

11/09/2019

HKEX chief Charles Li says the merger would create the most important investment platform and risk management infrastructure for the free flow of global capital between the East and West.

AML / KYC

HKMA Offers Guidance in Response to FATF Report

06/09/2019

Banks and SVF operators are asked to explore how technology can be used to more effectively and efficiently combat risks, including through the use of analytics in monitoring.

AML / KYC

FATF Releases Mutual Evaluation Report for Hong Kong

04/09/2019

Hong Kong needs to enhance prosecution of money laundering involving crimes committed abroad and strengthen supervision of certain non-financial businesses.

Capital / Liquidity

HKMA Introduces New Liquidity Facilities for Banks

27/08/2019

The updated Liquidity Facilities Framework is part of ongoing work to maintain the integrity and stability of Hong Kong’s monetary and financial systems, said HKMA chief Norman Chan.

Market Infrastructure

China Allows Foreign Investors to Use T+3 Bond Settlement

26/08/2019

The move will further facilitate the participation of foreign institutional investors in the interbank bond market, who need the extra time to fund their trades.