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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.

Securities / Derivatives
HKEX Amends Listing Rules to Match CSRC’s Overseas Listing Requirements
By Editors | 24/07/2023
Mainland issuers seeking a listing in Hong Kong will have to submit to HKEX a CSRC notification that confirms their completion of the Mainland filing procedures.

AML / KYC
HK ADCC Prevented Nearly HK$12bn of Fraud Losses in Six Years
By Mark Johnston | 22/07/2023
HK’s Anti-Deception Coordination Centre has prevented HKD 11.79 billion from falling into the hands of fraudsters since the unit was set up about six years ago.
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