The move is said to be the result of an "increasingly challenging" operating and broking environment, largely attributed to a slow economy and ongoing civil unrest.
The survey will help the SFC and HKMA identify risks associated with the selling activities of intermediaries and coordinate their responses to address areas of common concern.
LegCo has approved HK$33bn in funding to provide 90% guarantees on approved loans taken out by eligible enterprises and professionals seeking to set up their own practices.
HKEX wants to raise the minimum net asset requirement for issuers from HK$100mn to HK$1bn, and to introduce a minimum debt issuance size of HK$100mn, among other proposals.
The IMF also came out in support of the government’s policies to boost the economy, safeguard financial stability, and combat money laundering and terrorism financing.
Mainland investors' profits made through Stock Connect and the MRF scheme will be exempt from income tax until 31 December 2022.
The decision was made to relieve the regulatory cost burden on the securities and futures industry, taking into account the "current challenging market environment".
The head of risk for the de-facto central bank's investment portfolio explains why it is implementing ESG principles into its investing practices.
Only some banks have been able to fully address the HKFRS 9 financial disclosure requirements, according to a new study from Mazars Hong Kong.
The HKMA has issued new guidance aimed at preventing, detecting and mitigating misconduct risks at financial institutions in the selling of investment funds.