Hong Kong

Securities / Derivatives

Hong Kong Set to Relaunch Inaugural Retail Green Bond

By Sanday Chongo Kabange | 19/04/2022

The government has increased the target issuance size of the retail green bond. The minimum annual interest rate has also been increased.

AML / KYC

Hong Kong is Moving to a Robust Regulatory Framework for Crypto

By Etelka Bogardi | 19/04/2022

Etelka Bogardi and Amy Chung say Hong Kong’s efforts to regulate the crypto sector and stablecoin market are on the whole in line with international trends while leaving room for further development.

Enhancements to HK Personal Loan Guarantee Scheme Take Effect

By Editors | 19/04/2022

The maximum loan amount per borrower under the 100% Personal Loan Guarantee Scheme is increased. The maximum repayment period and principal moratorium arrangement are extended.

AML / KYC

HKMA Asks Banks to Help Reactivate Dormant Mainland Accounts

By Editors | 18/04/2022

Hong Kong customers are facing difficulties reactivating their Mainland accounts due to travel restrictions preventing them from visiting the banks’ branches in person.

Market Infrastructure

HKEX Set to Launch New Electronic Communication Platform

By Editors | 12/04/2022

Phase 1 of the rollout will allow exchange participants to use the new platform to download day-end trade files and closing price files, starting from 25 April.

Enforcement

SFC Bans China Tonghai Securities Representative for 20 Months

By Editors | 12/04/2022

The representative conducted 1,089 trades in clients’ stock options accounts but was only given specific authorisation for 87 trades of the trades.

Market Infrastructure

Work Advances to Bring RMB-denominated Stocks to Hong Kong

By Manesh Samtani | 11/04/2022

Hong Kong official Christopher Hui said a feasibility study has been completed and the next step is to engage with mainland regulators and relevant organisations.

ESG / Sustainability

Hong Kong Launches Climate Risk Data Source Repository

By Editors | 06/04/2022

The repository contains a set of available data sources to help FIs manage climate-related risks and set climate-related goals and strategies.

HMKA, IA Issue Rules on Use of Premium Financing in Insurance

By Mark Johnston | 06/04/2022

The rules will promote better disclosures and facilitate informed decision-making by customers who intend to use premium financing for life policies.