Hong Kong

State Street Fined Over Management of HK Tracker

Cash balances in related party’s demand deposit accounts earned no interest over 4.5 years.

HKEx, SFC to ‘Fine-tune’ IPO Regulations

SFC could become ‘last gatekeeper’ in IPO process, also set to review back-door listings.

SHFE Applies for HK ATS License

Shanghai Futures Exchange platform could initially trade crude oil futures.

Guotai Junan Fined for Breaching Client ID Rule

SFC says securities firm took more than six months to comply with two-day disclosure rule.

HK, US Regulators Agree Mutual Supervision, Oversight

SFC and FINRA sign agreement on regulation of entities with cross-border operations.

SFC to Consult on Investor Identity Disclosure

Brokers could be required to disclose identities of individuals making equity trades.

HKMA Launches Cybersecurity Initiative

Programme to cover cyber resilience assessment, professional development and information sharing.

HSBC Private Bank Fine Breaks New Regulatory Ground

Hong Kong SFC’s punitive measures are unlikely to make investing safer for advisors or clients.

HSBC Appeals Mis-selling Fine

Private banking unit was hit with HKD605mn SFC fine in July 2015.

Moody’s SFC Fine Halved, Ruling Upheld