Hong Kong

AML / KYC

Fraud Allegations at Australia’s Commonwealth Bank

By Samuel Riding | 04/02/2016

Staff allegedly involved in Ponzi scheme which continued for five years after initial suspicions raised.

Market Infrastructure

HKEx to Review De-listing Rules

By Samuel Riding | 04/02/2016

Review prompted by institutional investors’ concerns about inability to exit positions.

Market Infrastructure

Goldman Sachs Censured for HK Takeover Code Breaches

By Samuel Riding | 03/02/2016

Investment bank failed to make dealing disclosures on 111 trades, breached research report restrictions.

Market Infrastructure

SFC Warns of Brokerage Account Security Breaches

By Samuel Riding | 29/01/2016

Incidents of unauthorised access prompt reminder from regulator, cybercrime bureau.

Market Infrastructure

Regulation Limits Fintech Disruption: Chris Skinner

By Samuel Riding | 26/01/2016

Fintech specialist says regulatory environment allows incumbent banks to fend off insurgency.

A Duty of Care: SFC, HKEx and China Metals Recycling

By Peter Guy | 26/01/2016

Hong Kong regulators and listing sponsors must share responsibility for IPO fraud.

Market Infrastructure

HKMA Tells Banks to Prepare for New Risk Framework

By Samuel Riding | 20/01/2016

Letter to authorised institutions says regulator intends to follow Basel Committee timeline.

Market Infrastructure

Hong Kong Confirms CCyB Hike

By Samuel Riding | 15/01/2016

Buffer to be raised to 1.25 percent from 1 January 2017 amid credit, property market concerns.

APRA Expands IRB Permissions

By Samuel Riding | 20/12/2015

Banks outside ‘Big 4’ and Macquarie able to reduce risk weightings on some types of loan.