Regulated intermediaries are asked to get ready for the testing, which is mandatory. The HKIDR is expected to be implemented in the later part of Q4 2022.
April 27, 2022HKEX has published testing guidelines for market participants and intermediaries ahead of the implementation of the new investor identification regime.
April 5, 2022HKEX will increase the precision of time-stamping and introduce an indicator identifying aggressive vs passive orders.
March 23, 2022The firm made errors when assigning BCANs to clients. It also oversold China securities due to deficiencies in its order management and algorithmic trading systems.
March 4, 2022Market system development and testing will start in Q3 2021 and intermediaries will have to develop their internal systems by the end of Q1 2022.
August 16, 2021Exchange participants are “strongly advised” to strengthen controls and take immediate action to rectify any breaches of BCAN requirements.
March 9, 2021Synpulse’s Prasanna Venkatesan, Gregory Achache and Marina Mai compare the investment suitability frameworks of Hong Kong and mainland China, and their pain points.
May 1, 2019The BSP will require financial institutions to collect customers' unique 'PhilSys' ID numbers, and allow the use of technology to capture and record personal data.
December 3, 2018