Hong Kong

Securities / Derivatives

Hang Seng Index Operator Seeks Views on Constituent Eligibility

By Editors | 16/01/2020

The operator of the Hang Seng Index is soliciting market views on the eligibility of weighted voting rights and secondary-listed companies for inclusion in the benchmark.

Securities / Derivatives

Hong Kong, China Resume Discussions on ETF Connect

By Editors | 15/01/2020

SFC deputy chief executive Julia Leung has indicated that discussions with the CSRC have resumed to address the technical challenges of implementing an ETF Connect.

Enforcement

SFC Lifts UBS Underwriting Suspension Two Months Early

By Editors | 14/01/2020

The SFC is satisfied that UBS has adequate and effective systems, controls, policies and procedures to enable compliance with all requirements in relation to its sponsor business.

Securities / Derivatives

HKEX Asks Participants to Prepare Systems for Investor Compensation Levy

By Editors | 13/01/2020

While the collection of the investor compensation levy is currently suspended, exchange participants should take necessary actions to prepare for its calculation and payment.

Market Infrastructure

Japan FSA Grants Client Clearing Licence to HKEX

By Editors | 09/01/2020

HKEX has announced that its central counterparty subsidiary, OTC Clear, has received approval to offer client clearing services to banks in Japan.

Capital / Liquidity

Three Emerging Risk Issues for Banks in Hong Kong

By Simon Topping | 09/01/2020

There are three key areas where Hong Kong regulators are expected to turn up the heat in 2020, says KPMG’s Simon Topping.

Enforcement

HKEX Updates Rules for Southbound Investor Identification Regime

By Editors | 08/01/2020

The rule update requires the China broker to keep records of all submitted orders, SEHK trades and related client instructions for a minimum of 20 years.

Securities / Derivatives

SFC Provides Licensing Guidance for PE Firms, Family Offices

By Editors | 08/01/2020

The SFC has issued two circulars clarifying how licensing obligations apply to the activities of PE firms and family offices in Hong Kong.

Securities / Derivatives

HKEX Chief Lays Out Vision for Decade Ahead

By Editors | 07/01/2020

Charles Li says HKEX will leverage the disruptive power of technology to enhance connectivity between China and the rest of the world in stock, bond and commodity markets.