Hong Kong Monetary Authority

Conduct, Culture & Accountability

Hong Kong Regulator Endorses Revised Banking Code

By Editors | 08/02/2015

The Hong Kong Monetary Authority has endorsed a revised code of banking practice that requires the city’s banks to uphold international banking practices in areas of disclosure and transparency, responsible business conduct and financial education.

Capital Adequacy

Hong Kong to Boost Capital Buffer as Adopts Basel Norm

By Editors | 27/01/2015

Hong Kong Monetary Authority aims to create adequate capital buffer to boost the resilience of the city’s banking system with the adoption of global cash buffer standards next year.

Resolution & Recovery

Hong Kong Refines Plan for Stronger Financial System

By Editors | 22/01/2015

Hong Kong financial regulators is seeking public views on specific aspects of so-called resolution regime for financial institutions that should make the city’s financial system stable and resilient in the face of crisis and economic shocks.

Capital Adequacy

Christmas Ghosts of Regulation Past

By Peter Guy | 24/12/2014

Regulations of Christmas Past, Present and Yet to Come pay us a visit.

Market Abuse

Hong Kong Regulator Finds No Evidence of Market Rigging

By Editors | 19/12/2014

The Hong Kong Monetary Authority said it found no evidence of rigging in the city’s foreign exchange benchmark following an investigation into the operations of ten banks.

Clearing & Post-Trade

Hong Kong Regulators Relax Reporting Rules for OTC Derivatives

By Editors | 28/11/2014

Hong Kong regulators have concluded their industry consultation on the record-keeping and reporting rules for over-the-counter derivatives, and noted that the reporting obligation for OTC will be implemented in phases.

Payments & Settlements

HKMA Removes Daily RMB Conversion Limit – A Closer Look

By Peter Guy | 14/11/2014

The decision reveals its role in China’s overall plan to evolve the RMB into an international investment currency.

Payments & Settlements

Hong Kong to Lift Daily Limit on Yuan Conversion

By Editors | 13/11/2014

The Hong Kong Monetary Authority said it is removing the daily limit for converting the city’s currency to Chinese yuan when the landmark Shanghai-Hong Kong stock trade program is launched on Monday.

Trading & Investment

Shanghai-Hong Kong Stock Link to Start November 17

By Editors | 11/11/2014

China has approved a long-awaited Shanghai-Hong Kong Stock Connect scheme, which allows cross-border trade between the two bourses.