All posts tagged "client identification"
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838Hong KongHKEX, SFC to Open HKIDR Testing to Market on 16 May
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, 2022 -
331Hong KongHKEX Publishes Testing Guidelines for HKIDR Implementation
HKEX has published testing guidelines for market participants and intermediaries ahead of the implementation of the new investor identification regime.
April 5, 2022 -
370Feature
HKEX to Introduce New Features to Market Access Platform
HKEX will increase the precision of time-stamping and introduce an indicator identifying aggressive vs passive orders.
March 23, 2022 -
796EnforcementSFC, HKEX Fine HSBC Securities for Regulatory Breaches
The 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, 2022 -
630AML / KYC
HKEX Publishes Operational Details for New Investor ID Regime
Market 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, 2021 -
436AML / KYC
HK Bourse Offers Guidance on Compliance with BCAN Requirements
Exchange participants are “strongly advised” to strengthen controls and take immediate action to rectify any breaches of BCAN requirements.
March 9, 2021 -
2.4KChinaHong Kong, China Framework Comparison – Investment Suitability
Synpulse’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, 2019 -
874AML / KYCPhilippine Central Bank Updates Rules on KYC, AML
The 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
