Hong Kong

The expansion will help improve trading liquidity at close, simplifying operations of market participants, and standardise closing times for equities.

Directors of listed companies have a duty to exercise due and reasonable care, skill and diligence when evaluating or approving the acquisition or disposal of a company or business.

Leissner’s conduct in relation to the Malaysian state fund 1MDB called into question his fitness and properness to be a licensed person, the SFC said.

Elephas Investment Management was found to have violated wheat futures speculative position limits established by the CFTC.

The MOF and CSRC agree to provide the "fullest assistance" in response to SFC requests for investigative assistance regarding the provision of audit working papers.

The framework will comprise guiding principles and possible metrics for the greenness assessments, drawing from industry feedback and the HKMA's participation in the NGFS.

The BIS Innovation Hub will foster collaboration between central banks and, by extension, help the private sector fully realise 'new economy' opportunities.

The amendments expand the scope of HQLA recognisable as "level 2B assets" under the LCR and introduce a 5% stable funding requirement on total derivative liabilities under the NSFR.

The list of Financial Services Providers identifies major dealers outside Hong Kong that are under the clearing obligation.

According to a government statement, Hong Kong was found to be particularly effective in the areas of risk identification, law enforcement, asset recovery, counter-terrorist financing and international co-operation.