Exchange participants are asked to coordinate with their operations team, IT team and external vendors to ensure operational and technical readiness.
As existing licence holders, both firms had to undergo only a simplified process to obtain the required approvals.
The HKMA framework highlights how multiple data sources can be used to extract valuable information and signals for timely NBFI monitoring.
HKEX removed specific requirements for issuers to disclose China-related risks, to align its requirements across all overseas-incorporated companies.
The changes are designed to accommodate the needs of more complex portfolios and allow firms to easily exclude positions that will be settled by end of day.
The four former DBS employees were convicted for divulging confidential customer data to others for touting personal loans.
HKMA is seeking to establish standards for green finance roles in banks and to help practitioners gain knowledge.
HKMA and SFC say intermediaries can tailor their point-of-sale procedures to the personal circumstances of sophisticated professional investors.
Ant Group is undergoing restructuring to distance non-core operations, paving the way for a Hong Kong IPO.
The two central banks will also collaborate on financial infrastructure development, sustainable development and fintech.
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