HONG KONG

RBS Fined HK$6m Over Illegal Emerging Markets Trades

By Editors | 22/04/2014

The Royal Bank of Scotland (RBS) has been fined HK$6 million for internal control failures relating to the detection and prevention of unauthorized trading activities.

HKEx Plans to Launch Thermal, Metals Futures This Year

By Editors | 22/04/2014

Hong Kong Exchanges and Clearing will offer renminbi-denominated futures for zinc, copper and nickel, under plans to expand its commodities trading this year.

Hong Kong Prepares Sukuk Issuance

By Editors | 14/04/2014

Hong Kong is ready for Islamic bonds following the establishment of a tax framework that supports sukuk issuance, and as the government further develops a market for such bonds in the territory with the debut of a government sukuk.

HKEx, China Bourse in Talks on Mutual Market Access

By Editors | 03/04/2014

Hong Kong Exchanges & Clearing said it is in talks to boost cooperation with mainland counterparts on mutual access, but no agreement has been reached.

HKEx Announces Senior Management Changes

By Editors | 01/04/2014

Hong Kong Exchanges and Clearing (HKEx) has appointed Gerald Greiner as advisory chairman for Group Clearing and Regulatory Affairs and chief compliance officer of the exchange.

Hong Kong Tightens Disclosure Norms in Company Annual Reports

By Editors | 31/03/2014

Hong Kong Exchanges and Clearing (HKEx) has issued stricter disclosure guidelines in company annual reports aimed at improving accountability and promoting transparency.

EY Hires Former Goldman Regulatory Chief for Asia-Pacific Financial Services Office

By Editors | 25/03/2014

Global auditing and advisory firm EY has recruited a former Goldman Sachs regulatory and compliance chief as regulatory services leader for Asia-Pacific FSO.

Hong Kong Exchange Extends Initial Check of Application Proofs to Sept 30

By Editors | 25/03/2014

The Stock Exchange of Hong Kong has extended the initial three-day check of application proofs until September 30.

Hong Kong Regulator Waives Annual Licensing Fee

By Editors | 17/03/2014

The Securities and Futures Commission (SFC) has waived the payment of annual licensing fees for market participants for another two-year period.