Banks are "strongly encouraged" to enhance their green and sustainability programmes to encompass climate risk management and the sound practices.
December 9, 2021Banks are "strongly encouraged" to adopt the ECF-Fintech as part of their overall efforts to support the professional development of employees.
December 6, 2021Account opening by attestation is expected to be piloted for the WMC's Northbound scheme, allowing Hong Kong investors to participate without having to travel.
December 2, 2021The latest regtech adoption guide highlights challenges banks face as a result of their use of legacy systems and siloed data structures.
November 29, 2021Net investment via Wealth Connect has exceeded CNY 200 million so far, with participation from around 11,500 retail investors.
November 25, 2021Frontline staff with more positive perceptions of customer and conduct outcomes had incentives that emphasised both financial and non-financial factors.
November 24, 2021A 20-year tranche issued under the Green Bond Programme is the longest tenor euro-denominated bond issued by an Asian government to date.
November 23, 2021Banks may not share customers' personal data with third parties including their own group companies for direct marketing purposes.
November 23, 2021Mayer Brown's Susanne Harris, Wei Na Sim, Alan Linning and Charlene Wong discuss key developments in the AML/CFT space in Hong Kong in 2021.
November 23, 2021Preliminary observations from the review show that banks are increasingly considering both financial and non-financial factors when designing incentive systems.
November 22, 2021