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Securities / Derivatives
SFC Set to Launch Digital Licensing Platform on WINGS
By Editors | 15/12/2021
New electronic licensing forms for licence applications, annual returns, notifications and regulatory filings are to be submitted through WINGS from 3 January.
Securities / Derivatives
HKEX Lists First ETFs Tracking MSCI China A 50 Connect Index
By Sanday Chongo Kabange | 14/12/2021
Two ETFs managed by China Asset Management and CSOP Asset Management listed on Monday, while a third will list on today.
Securities / Derivatives
SFC Sets Out Rules for Quarantine-free Travel to Mainland
By Manesh Samtani | 14/12/2021
Staff or directors of licensed corporations whose main purpose of travel is for the management of the firm’s Mainland business are eligible.
ESG / Sustainability
HK Bourse Finalises New Rules on Governance, Board Diversity
By Editors | 13/12/2021
Amended corporate governance code and listing rules will require firms to ensure board independence, refreshment, and diversity from 1 January 2022.
ESG / Sustainability
PBOC Reiterates Commitment to Hong Kong Financial Centre
By Sanday Chongo Kabange | 13/12/2021
Key areas of collaboration to enhance Hong Kong’s roles as an international financial centre include CBDC, regtech, green finance development.
Fintech / Regtech
HK Associations Published Revised Code of Banking Practice
By Editors | 13/12/2021
Banks are expected to achieve full compliance with the new provisions within six months. The Code is endorsed by the HKMA.
ESG / Sustainability
HKMA Shares ‘Sound Practices’ in Bank Climate Strategies
By Manesh Samtani | 09/12/2021
Banks are “strongly encouraged” to enhance their green and sustainability programmes to encompass climate risk management and the sound practices.
Securities / Derivatives
HKFE Gets CFTC Certification for Two More China Futures Contracts
By Sanday Chongo Kabange | 08/12/2021
The certification of the two contracts means they can be offered and sold to persons in the US, and that US investors can trade the contracts from within the US.
HKEX Plans to Open New York Office in Early 2022 – Report
By Editors | 07/12/2021
The planned New York office will reportedly comprise only about five staff, subject to HKEX obtaining the necessary regulatory licences.
Crypto / Digital Assets
Mapping Out How Decentralised Exchanges Can be Regulated
By Kristi Swartz | 07/12/2021
An appropriate regulatory regime that safeguards investors and fosters innovation will allow society to benefit from DEXs and DeFi generally, says DLA Piper’s Kristi Swartz.
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