SFC and FINRA sign agreement on regulation of entities with cross-border operations.
Brokers could be required to disclose identities of individuals making equity trades.
Programme to cover cyber resilience assessment, professional development and information sharing.
Hong Kong SFC’s punitive measures are unlikely to make investing safer for advisors or clients.
Private banking unit was hit with HKD605mn SFC fine in July 2015.
Rating agency cites continued danger but notes banks’ declining exposure to mainland.
Regime introduces principles-based test for sophistication of corporate professional investors.
Thomas Atkinson to move from Ontario Securities Commission on 3-year term.
Hong Kong regulator considering UK-style framework and prospectus exemptions.