Hong Kong

OTC Clear's multilateral compression service was introduced on Monday in cooperation with TriOptima.

HKEX launched of MSCI China A50 Connect Index Derivatives Warrants from four issuers - BNP Paribas, Goldman Sachs, JP Morgan, and Morgan Stanley.

The SFC said there was a need to send a "strong deterrent message" to the industry and market that "sponsor failures will not be tolerated".

The agenda focuses on enhancing corporate disclosures, monitoring implementation of existing measures, and advancing work on a carbon market.

The eMPF project presents an opportunity to transform all aspects of today’s compartmentalized and fragmented approaches to MPF administration, says Chris Pascoe.

The rule amendments relating to share schemes will come into effect on 1 January 2023, however issuers may adopt the amended rules earlier.

KTF Capital Management had a HK$20mn deficit between 13 and 18 December 2018 but misrepresented to the SFC that it maintained sufficient liquid capital during the period.

Payment-related operational incidents have impacted banks, their customers, as well as other financial institutions, including in the securities sector.

HKEX has confirmed plans to widen its position limit rules covering single stock options and futures and its flagship mini contracts.

Banks are expected to implement the revised SPM module on operational risk management by 25 January 2024.