ADVERTISEMENT
Enforcement
Goldman Banker Tim Leissner Banned for Life in Hong Kong
By Editors | 04/07/2019
Leissner’s conduct in relation to the Malaysian state fund 1MDB called into question his fitness and properness to be a licensed person, the SFC said.
Enforcement
SFC Gains Access to Mainland Audit Papers for Investigations
By Editors | 04/07/2019
The MOF and CSRC agree to provide the “fullest assistance” in response to SFC requests for investigative assistance regarding the provision of audit working papers.
Securities / Derivatives
Hong Kong Finalises List of FSPs Under Clearing Obligation
By Editors | 01/07/2019
The list of Financial Services Providers identifies major dealers outside Hong Kong that are under the clearing obligation.
AML / KYC
SFC Enables Technology Approach for Overseas Client Onboarding
By Manesh Samtani | 01/07/2019
From 5 July, intermediaries can access embedded data in client identity documents for onboarding. Captured biometric data such as a facial image can be used for identity verification.
Market Infrastructure
JBA Responds to Hong Kong OTC Derivatives Consultation
By Editors | 28/06/2019
The Japanese Bankers Association asks the HKMA and SFC to develop rules that automatically assign the UTI generation responsibility, rather than rely on bilateral agreement between counterparties.
Enforcement
HKEX Official Arrested in ICAC-SFC Joint Operation
By Editors | 27/06/2019
The ICAC has arrested the former joint head of IPO vetting for HKEX, and two others, for “suspected corruption and misconduct” in relation to the vetting of listing applications.
Fintech / Regtech
GFiN Publishes Report Reflecting on First Year of Work
By Editors | 27/06/2019
The Global Financial Innovation Network has published a report reflecting on its work over the past year, and its ambitions for the future.
Securities / Derivatives
SFC Orders Freezing of More Assets Linked to Manipulation Case
By Editors | 26/06/2019
The SFC has ordered more brokers to stop dealing with and processing assets linked to suspected market manipulation of Ding Yi Feng shares.
Enforcement
Hong Kong SFC Releases 2018-19 Annual Report
By Editors | 24/06/2019
The SFC is working to introduce an investor identification regime for southbound Stock Connect trading in mid-2019, and considering adopting a market-wide circuit breaker mechanism.
Enforcement
SFC Fines Credit Suisse $2.8m over Research Reports
By Editors | 20/06/2019
Credit Suisse has been fined $2.8m for failing to disclose investment banking relationships and market making activities in research reports on Hong Kong-listed securities.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team