From January, ESG funds will have to disclose how they attain their ESG focus, referencing the ESG criteria, measurement methodologies, and benchmarks used.
BNP Paribas, Citibank, CSOP Asset Management, Invesco, Northern Trust, State Street, Standard Chartered, BNY Mellon and HSBC will join the HKEX Synapse pilot.
Algorithmic trading and high-frequency trading were generally not found to have a deteriorating impact on market liquidity or increase market volatility.
The HKMA's Darryl Chan reportedly said mandatory climate disclosure requirements could arrive in Hong Kong as early as next year.
Banks have to adopt provisions in financial contracts binding counterparties to temporary stays on termination rights that may be imposed by the HKMA during a bank resolution.
A former CLSA managing director has accused CLSA of “blatant” misbehaviour as bond underwriter for the now-defunct CEFC Energy.
A unit of Toronto-Dominion Bank will be included on the FSP list. An entity that has merged with Deutsche Bank will be removed.
A system design caused a failure to distinguish between ex-entitlement dates and settlement dates of bonus share events in periodic statements.
Banks are asked to review and assess the impact of the SFC's revised framework and take action to ensure compliance.
Selected companies will be showcased prominently at Hong Kong Fintech Week 2021 which takes place from 1 to 5 November.
Loading more posts...
Sorry, no more posts
No more pages to load