HONG KONG MONETARY AUTHORITY

Capital / Liquidity

HKMA Warns of ‘Moral Hazard’ in Lending to Developers

By Samuel Riding | 15/05/2017

Banking regulator says developers offering excessive LTV, not properly assessing repayment ability.

AML / KYC

HK SFC Launches Broker Cybersecurity Consultation

By Editors | 09/05/2017

Cybercrime rapidly becoming a top priority of Asia Pacific regulators.

Capital / Liquidity

HKMA Issues Annual Report

By Samuel Riding | 04/05/2017

Complaints against AIs up 9%, 1,729 cases completed; central bank warns on liquidity risk.

Securities / Derivatives

Trades with Vietnam, Pakistan, Taiwan to be Exempt from HK OTC Reporting Requirements

By Samuel Riding | 28/04/2017

Securities law won’t be amended until October; firms asked to contact regulators if they cannot meet 1 July deadline.

AML / KYC

HKMA Eyeing KYC Utility

By Samuel Riding | 27/04/2017

Deputy chief executive acknowledges heightened due diligence on account opening has harmed Hong Kong’s reputation.

Capital / Liquidity

HKMA Planning Problem Assets Consultation

By Samuel Riding | 17/04/2017

Regulator to consider BCBS guidelines, introduce ‘relevant policy proposals’.

Fintech / Regtech

Hong Kong Pitches for Regtech Leadership

By JP Reimann | 13/04/2017

Regulators encourage mutual support and cooperation as industry players eye billions in cost savings.

AML / KYC

HKMA Ticks off, Fines Coutts for AML Failings

By Samuel Riding | 12/04/2017

Firm said to have inadequate PEP identification procedures for more than three years.

Uncategorised

Counting Down to the ‘New’ VM Deadline

By Samuel Riding | 30/03/2017

1 September highly likely to be the final cut-off for meeting OTC derivatives margin requirements.