A fresh review of the Banking Code of Practice has been launched, covering information disclosure, customers’ finance management, and dispute handling.
April 20, 2022Hong Kong customers are facing difficulties reactivating their Mainland accounts due to travel restrictions preventing them from visiting the banks’ branches in person.
April 18, 2022The representative conducted 1,089 trades in clients’ stock options accounts but was only given specific authorisation for 87 trades of the trades.
April 13, 2022About 20,000 investors from the GBA cities participated in the Wealth Management Connect programme by the end of 2021.
March 10, 2022A relationship manager and two representatives of secretarial services companies allegedly offered and accepted bribes to help non-domestic clients open accounts with three Hong Kong banks.
March 1, 2022In the year ahead, TFEX will add more currency pairs to its FX derivatives product line and work to enhance liquidity in main board commodity derivatives.
January 31, 2022Participants will be able to access the interbank and exchange-traded bond markets without having to open separate accounts.
January 25, 2022The SET will launch a new exchange for fundraising by SMEs and startups within in Q1, and a new digital asset exchange in Q3.
January 14, 2022Banks may not refuse to open accounts for small and micro enterprises on the grounds that they have few staff or insufficient bank deposits.
January 6, 2022In deciding the disciplinary sanction, the SFC took into account the "extensive period of time" over which the failures occurred.
December 17, 2021