All posts tagged "HKMA"
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869Hong KongHKMA Proposes New Guidance on Operational Resilience
Revisions to guidance on operational risk management and BCP have also been proposed to align with the operational resilience guidance.
December 23, 2021 -
2.5KCrypto / Digital AssetsRegulation Asia: Top 20 News Stories for 2021
This list presents the most-read new stories published by Regulation Asia in 2020, based on aggregated user traffic analytics.
December 23, 2021 -
564Capital / LiquidityHKMA Consults on Local Adoption of Pillar 3 Disclosure Requirements
The HKMA proposes to implement almost all the Pillar 3 disclosure requirements, including leverage ratio and market risk disclosure requirements.
December 23, 2021 -
674ChinaPBOC to Connect Digital Yuan to HK Faster Payment System
The second phase of the ongoing CBDC trails between the Mainland and Hong Kong will involve connecting e-CNY wallets to Hong Kong’s FPS.
December 22, 2021 -
354Feature
HKMA Directs Banks to Use Name Matching in Fund Transfers
Banks are directed to perform name matching for fund transfers over HKD 10,000 to reduce the chance of error inputs by customers.
December 22, 2021 -
331FeatureHKMA Directs Banks to Observe Latest FX Global Code
Banks are expected to review their practices to ensure observance of the FX Global Code and renew the Statement of Commitment by 15 July 2022.
December 21, 2021 -
577AML / KYCHKMA Fines ePaylinks Technology for AML/CTF Breaches
SVF licensee ePaylinks had deficiencies in its transaction monitoring and name screening systems, and failed to take enhanced measures in high risk situations.
December 21, 2021 -
744Hong KongHKMA Sets Targets for Launch of New Credit Reference Platform
The new platform will serve as an interface for credit providers and CRAs to share credit data, as Hong Kong prepares to introduce additional CRAs in the city.
December 20, 2021 -
782ESG / SustainabilityHK Steering Group Announces Next Steps in Green Transition
HKMA to develop new ECF module on Green and Sustainable Finance. Steering Group to explore local taxonomy and voluntary carbon market.
December 18, 2021 -
275Hong Kong
HKMA, SFC Consult on Calculation Periods for OTC Derivatives Clearing
The existing list of calculation periods will be exhausted in about one year’s time. The HKMA and SFC propose to add eight similar calculation periods to the clearing rules.
December 17, 2021
