Proposals aim to align HK with international standards; protect investors and market integrity.
Rules aim to impose ‘suitably tailored constraints’ on resolution authorities.
Increased transaction limit comes with warning on controls and customer education.
US SEC says hiring of interns and other staff in Asia breached corruption act.
Ban follows Korean order to repay $36.95mn of illegal profit from stock index trades.
HKMA sets a baseline for cyber-resilience but more harmonisation is needed.
FATF plenary has said N.Korea is failing to address illicit funding, proliferation.
Digital platforms seen as potential channel for illicit financing; could compromise data security.
Regulator calls for system enhancement due to expected increase in trading volume.
Regulator cites potential technical issue uncovered during final preparations.