Hong Kong

Securities / Derivatives

HKEX Launches First A-Share Index Derivative Warrants

By Editors | 08/08/2022

HKEX launched of MSCI China A50 Connect Index Derivatives Warrants from four issuers – BNP Paribas, Goldman Sachs, JP Morgan, and Morgan Stanley.

Enforcement

SFC Fines TC Capital for Due Diligence Failures in Sponsor Work

By Editors | 03/08/2022

The SFC said there was a need to send a “strong deterrent message” to the industry and market that “sponsor failures will not be tolerated”.

ESG / Sustainability

SFC Sets Out Next Steps on Green Transition Agenda

By Sanday Chongo Kabange | 03/08/2022

The agenda focuses on enhancing corporate disclosures, monitoring implementation of existing measures, and advancing work on a carbon market.

Fintech / Regtech

eMPF: Reshaping the Hong Kong Pensions Landscape

By Chris Pascoe | 02/08/2022

The eMPF project presents an opportunity to transform all aspects of today’s compartmentalized and fragmented approaches to MPF administration, says Chris Pascoe.

Securities / Derivatives

HKEX Extends Listing Rules to Cover Share Award Schemes

By Editors | 01/08/2022

The rule amendments relating to share schemes will come into effect on 1 January 2023, however issuers may adopt the amended rules earlier.

Capital / Liquidity

SFC Fines Hedge Fund Manager for Liquid Capital Deficit

By Editors | 31/07/2022

KTF Capital Management had a HK$20mn deficit between 13 and 18 December 2018 but misrepresented to the SFC that it maintained sufficient liquid capital during the period.

Market Infrastructure

HKMA Directs Banks to Ensure Resiliency of Payment Operations

By Manesh Samtani | 31/07/2022

Payment-related operational incidents have impacted banks, their customers, as well as other financial institutions, including in the securities sector.

Securities / Derivatives

HKEX Finalises Revisions to Position Limits for SSO, SSF

By Editors | 29/07/2022

HKEX has confirmed plans to widen its position limit rules covering single stock options and futures and its flagship mini contracts.

Market Infrastructure

HKMA Gives Banks 18m to Enhance Operational Risk Management

By Manesh Samtani | 26/07/2022

Banks are expected to implement the revised SPM module on operational risk management by 25 January 2024.