Hong Kong

Regulatory Crackdown on Moody’s Discourages Tough Analysis on China Companies

By Peter Guy | 21/09/2015

Hong Kong’s securities regulator takes an ominous and non-transparent move that will affect how analysts scrutinise local and mainland enterprises.

HKMA Issues Guidance on Cybersecurity Risk Mgt

By Editors | 17/09/2015

The Hong Kong Monetary Authority (HKMA) has issued a circular to financial institutions highlighting the importance of proper cybersecurity risk management and provide general guidance on the matter.

HKMA Issues New Guidance on E-Banking Risk Management

By Editors | 09/09/2015

The Hong Kong Monetary Authority has issued a revised version of the Supervisory Policy Manual for risk management of electronic banking services.

Hong Kong-China Trading Links to Be Delayed

By Editors | 08/09/2015

Hong Kong Exchanges and Clearing chief says the recent turmoil in China’s equity market will delay future programs to connect Hong Kong with the mainland markets.

SFC Reveals Direct Pathway for HK Brokers to Deal with US Customers

By Editors | 17/08/2015

Hong Kong’s Securities and Futures Commission has issued a circular describing the application procedure for certain licensed corporations to deal directly with customers in the United States.

HKMA Cautions Banks on Malpractice by Intermediaries and Sales Agents

By Editors | 10/08/2015

The Hong Kong Monetary Authority has issued a circular to banks requiring them to enhance customer protection and mitigate reputational risk arising from possible malpractices of intermediaries or sales agents.

SFC Fines BNP Paribas HK$15m for Dark Pool Failures

By Editors | 04/08/2015

SFC fines BNP Paribas HK$15m for failing to properly prioritise client orders in matching and obtain their consent in relation to its dark liquidity pool trading services.

HKMA Fines State Bank of India for Breach of AML/CTF Rules

By Editors | 03/08/2015

SBI’s Hong Kong branch fined HK$7.5 million for breaching anti money-laundering and counter terrorism financing rules.

Nomura Hong Kong Fined for Disclosure Failings

By Editors | 31/07/2015

SFC fines Nomura Hong Kong HK$4.5 million for failing to promptly report trading misconduct by one of its traders.