Moody's Investors Service has maintained its negative outlook on Hong Kong’s banking system because of risks to lenders over the next 12 to 18 months from their increasing exposure to mainland borrowers.
June 27, 2014The Hong Kong Monetary Authority has launched a non-statutory competency framework for private wealth management practitioners in Hong Kong.
June 24, 2014The Securities and Futures Commission is seeking industry opinion on proposals to amend the code on unit trusts and mutual funds.
June 24, 2014Hong Kong Exchanges and Clearing is proposing to revise corporate governance norms relating to internal controls, with the plan to require companies to place greater emphasis on risk management.
June 23, 2014The Securities and Futures Commission plans to revise guidelines that will exempt companies from certain disclosure obligations.
June 19, 2014Hong Kong is keen to further develop its Islamic finance market, a Securities and Futures Commission official said, adding that the city aims to work closely with Malaysia in enhancing its platform for Islamic finance.
June 19, 2014The Hong Kong Monetary Authority has conducted a drill with banks on business continuity plans (BCP) to test the reliability and stability of the communications between the back-up offices of the regulator and the lenders.
June 16, 2014The Hong Kong Monetary Authority and Mandatory Provident Fund Schemes Authority has launched an e-payment service for fund transfer system enhancing accuracy and efficiency of fund transfers between trustees.
June 13, 2014Hong Kong Exchanges and Clearing Ltd said it will extend after-hours futures trading by 45 minutes in a move that could attract more trading from clients in the North American and European markets.
June 4, 2014The Hong Kong Exchanges and Clearing Ltd (HKEx), through its subsidiary the Stock Exchange of Hong Kong, has published a guidance letter on the application of the reverse takeover norms in its listing rules.
June 3, 2014