Recommended model contractual clauses are provided for scenarios where personal data is transferred across borders to another data user or to a data processor.
A former personal assistant helped his boss to launder HKD 125 million borrowed from listed company Sunway International Holdings.
The VaR Platform will replace the existing flat-rate model for calculation of margin and HKSCC Default Fund contributions.
The syndicate members processed the funds through more than 20 online bank accounts since 2021, police said.
The last time the HKMA intervened to defend a weakening HKD was in March 2019. The move is expected to raise borrowing costs.
Shenzhen Rural Commercial Bank has partnered with DBS Hong Kong to offer cross-border wealth management services to mainland residents in the GBA.
The websites will be unified to optimise HKEX's technical infrastructure and provide investors more streamlined access to market information.
Banks have until 2 May 2023 to put in place the necessary internal controls, policies and procedures required for Phase 1 implementation of the MRC regime.
For 3 months, lenders may not take action against landlords who default on secured loans as a result of a rental enforcement moratorium being imposed in Hong Kong.
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