The Hong Kong Monetary Authority’s top executive said the city aims to boost its fund and wealth management industry over a five-year period.
Hong Kong Exchanges and Clearing said it plans to promote the use of CES China 120 index futures contract as a hedging and risk management tool ahead of the implementation of the cross-border stock investment program — Shanghai-Hong Kong Stock...
The Hong Kong Monetary Authority and Bank of Thailand introduced a new cross-border payment link between Hong Kong’s US dollar real time settlement system and Bank of Thailand’s Baht system.
The Securities and Futures Commission is finalising amendments to the Real Estate Investment Trust Code (REIT) which will allow REIT managers to invest in financial instruments and property development activities, after many industry participants supported the measure.
The Hong Kong Monetary Authority and the Securities and Futures Commission are seeking industry views on rules regarding mandatory reporting and related record-keeping obligations under the new over-the-counter (OTC) derivatives regime.
The Securities and Futures Commission has fined Ping An of China Securities (Hong Kong) HK$6 million over “serious internal control deficiencies.”
The Securities and Futures Commission said it will continue with its efforts to develop an asset management market for Hong Kong domiciled funds, while safeguarding investor interests through launching various regulatory initiatives.
The Securities and Futures Commission is reviewing its overall approach to the regulation of market intermediaries following the combination of its licensing and supervision departments within a new Intermediaries Division.
Moody's Investors Service has maintained its negative outlook on Hong Kong’s banking system because of risks to lenders over the next 12 to 18 months from their increasing exposure to mainland borrowers.
The Hong Kong Monetary Authority has launched a non-statutory competency framework for private wealth management practitioners in Hong Kong.