HONG KONG MONETARY AUTHORITY

Europe Grants APRA, HKMA and BOJ Equivalency on Confidentiality Rules

By Samuel Riding | 12/01/2017

Regulations on professional secrecy, restrictions on use of confidential information deemed equivalent.

Capital / Liquidity

HK Unauthorised Mortgage Alert System Goes Live

By Samuel Riding | 04/01/2017

Land Registry will alert banks when documents are registered.

Securities / Derivatives

HKEX to Introduce Derivatives VCM on 16 January

By Samuel Riding | 03/01/2017

Volatility control mechanism was originally to be introduced on 14 November 2017.

Market Infrastructure

HKMA Implements Cybersecurity Programme

By Samuel Riding | 22/12/2016

Hong Kong banking industry can soon access Cyber Intelligence Sharing Platform

Market Infrastructure

HKMA Develops Enhanced Cybersecurity Competency Framework

By Samuel Riding | 20/12/2016

Framework including continuing professional development to foster cybersecurity talent ..

HKMA Issues Governance Guidelines

By Samuel Riding | 15/12/2016

Systemically important institutions should set up risk, nomination and remuneration committees.

AML / KYC

HKMA Issues AML/CTF Competency Framework

By Samuel Riding | 14/12/2016

Enrolment in courses run by Hong Kong Institute of Bankers begins in April 2017.

20 ‘HK DBS Staff’ Arrested in Data Leak Investigation

By Samuel Riding | 12/12/2016

Staff alleged to have bribed managers to obtain customer data and sell high-interest loans.

Market Infrastructure

HK, UK Sign Fintech Agreement

By Samuel Riding | 07/12/2016

Regulators will collaborate on ‘experience sharing’, information exchange.