Hong Kong’s Government will refine the legislative proposals for implementing the new international standard on Automatic Exchange of Financial Account Information in Tax Matters.
Majority of respondents supportive of the proposal to establish local resolution regime in line with FSB standards.
Intention to promote fund providers’ self-compliance and reduce the overall processing time without compromising investor protection.
The Hong Kong Securities Association is holding talks with Hong Kong Exchange and Clearing Limited to evaluate the possibility of launching a centralised fund platform.
The Stock Exchange of Hong Kong has terminated a plan to allow dual-class shares and other weighted-voting rights structures after objection from the Securities and Futures Commission.
SFC objects, saying proposals would damage reputation of Hong Kong’s regulatory system.
The Securities and Futures Commission has reappointed Carlson Tong as its chairman for a term of three years effective from October 20, 2015.
Consultation paper introduces first phase of mandatory clearing and second phase of mandatory reporting under new OTC regime.
HKEx has announced the introduction of further CCASS service enhancements relating to Shanghai-Hong Kong Stock Connect in two stages, subject to SFC approval.
Hong Kong’s securities regulator takes an ominous and non-transparent move that will affect how analysts scrutinise local and mainland enterprises.