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AML / KYC
HK Court Convicts 4 Ex-DBS Employees on Bribery Charges
By Sanday Chongo Kabange | 01/08/2023
The four former DBS employees were convicted for divulging confidential customer data to others for touting personal loans.

ESG / Sustainability
HKMA Launches Competency Framework for Sustainable Finance
By Ranamita Chakraborty | 31/07/2023
HKMA is seeking to establish standards for green finance roles in banks and to help practitioners gain knowledge.

AML / KYC
HKMA, SFC Offer New Guidance on Suitability Obligations
By Manesh Samtani | 30/07/2023
HKMA and SFC say intermediaries can tailor their point-of-sale procedures to the personal circumstances of sophisticated professional investors.

Securities / Derivatives
Ant Group Restructures Ahead of Possible Hong Kong IPO – Reports
By Editors | 30/07/2023
Ant Group is undergoing restructuring to distance non-core operations, paving the way for a Hong Kong IPO.

Fintech / Regtech
HKMA to Collaborate With Saudi Central Bank on Market Connectivity
By Sanday Chongo Kabange | 28/07/2023
The two central banks will also collaborate on financial infrastructure development, sustainable development and fintech.

Capital / Liquidity
HKMA, SFC Set Out Expectations Under New Regime for Depositaries
By Manesh Samtani | 28/07/2023
Applications now being accepted under the new regulatory regime for depositaries of collective investment schemes.

Securities / Derivatives
HKEX, IDX Sign MoU to Explore Cross-Market Listings
By Editors | 26/07/2023
HKEX and IDX will look to collaborate on cross-border listings, joint product development and ESG initiatives.

Crypto / Digital Assets
HashKey Partners with Securities Firm to Offer Crypto Trading
By Editors | 25/07/2023
The partnership with Quam Securities and Longbridge Whale marks a “new chapter” for the adoption of virtual assets by brokers, HaskKey said.

Securities / Derivatives
Mainland Investors Cut Off from Using Northbound Stock Connect
By Manesh Samtani | 25/07/2023
As of 25 July, exchange participants are not allowed to register new BCANs for clients who are Mainland investors.

Securities / Derivatives
Enhancements to Wealth Connect, Bond Connect Coming ‘Soon’
By Editors | 25/07/2023
Regulators to include more products in Wealth Connect and southbound Bond Connect, while allowing more investors to participate.
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