Hong Kong

    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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