HONG KONG

Market Infrastructure

HK Banks to Step up Failure Planning – Fitch

By Samuel Riding | 08/07/2016

Rating agency notes Hong Kong is one of the few Asian jurisdictions to allow bail in.

Market Infrastructure

Indian Auditor General Eyes Regulator’s Performance

By Samuel Riding | 05/07/2016

Comptroller says performance audits would mitigate the risk of financial frauds.

Securities / Derivatives

HKEx to Introduce Closing Auction Session

By Samuel Riding | 04/07/2016

Closing auction to be reintroduced third quarter to bring HKEx back in line with global peers.

Market Infrastructure

Hong Kong Enacts Resolution Ordinance

By Samuel Riding | 03/07/2016

Financial Institutions Ordinance establishes HKMA and SFC as resolution authorities.

Securities / Derivatives

SFC Ticks Off BAML for Disclosure Failings

By Samuel Riding | 30/06/2016

Units publicly censured for breaching takeovers code regarding dealing in two stocks.

Securities / Derivatives

HKEX Squeezes Shorting Options

By Samuel Riding | 28/06/2016

From 4 July, fewer stocks become eligible to be shorted following periodic review of criteria.

SFC Calls for Tougher Action on Structured Products

By Samuel Riding | 27/06/2016

Regulator says SEHK should take ‘more severe regulatory action’ on active quote requirements.

AML / KYC

Hong Kong Code of Conduct Breaches Surge

By Samuel Riding | 23/06/2016

SFC Annual Report also reveals sharp rise in AML breaches.

Securities / Derivatives

HKEx, KRX to Explore Derivatives Cross-listing

By Samuel Riding | 22/06/2016

Agreement would cover index futures and options, local currency derivatives.