Under Hong Kong's existing regime, estate agents who exclusively sell overseas properties are currently exempt from licensing requirements.
The issuance is aimed at encouraging the private sector to issue similar products and develop of other HONIA-linked instruments.
The guidance has been published to help listed companies prepare for TCFD-aligned climate change reporting, which will become mandatory in Hong Kong by 2025.
The Steering Group welcomed initiatives from the IFRS Foundation and IPSF, saying it will continue efforts to develop Hong Kong into a carbon trading hub.
Five banks will work with data experts to experiment with the use of data analytics and network diagrams in identifying suspected money mules.
Locally incorporated AIs should ensure their trust subsidiaries comply with the code of practice. Supervisory action may be taken for noncompliance.
The mBridge project team has collaborated with private sector participants to identify 15 potential business use cases that are now being tested.
The programme will combine institutional investor contributions with IFC funds to scale up climate-responsible financing for private companies in emerging markets.
ILAS products should be designed fairly and deliver fair outcomes. Issuers should lower surrender charges. Product features should not be unduly complex.
Prototype platforms for green bond tokenisation developed. Commercial Data Interchange enters pilot launch. AML Regtech Lab set for Friday launch.
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