The Securities and Futures Commission (SFC) has granted a licence to the London Stock Exchange (LSE) to accept Hong Kong financial firms as exchange members.
June 16, 2015The Hong Kong Government has extended its offshore funds tax exemption, allowing investments in private companies to qualify and loosening other restrictions.
June 13, 2015The Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Securities (Asia) Limited HK$11 million for failing to report more than HK6 billion of cross trades over a 10-year period.
June 2, 2015Hong Kong is "monitoring the implications" for banks following bribery and corruption charges against officials of the football governing body FIFA.
May 29, 2015From July, funds from Hong Kong and China can be sold in each other's markets, after regulators officially endorsed the launch of the much-awaited mutual fund recognition scheme.
May 22, 2015Hong Kong Exchanges and Clearing Ltd (HKEx) is exploring the possibility of setting up a commodities link with mainland China similar to the the city’s stock connect program with Shanghai.
May 20, 2015In a push to monitor money laundering in the banking system, Hong Kong regulators have asked banks to look into customer’s filings to see if they’re paying their dues.
May 19, 2015The Securities and Futures Commission (SFC) has released new norms on responsible company ownership by investors, urging them to have clear policies on voting and managing conflicts of interests.
March 3, 2015Hong Kong is requiring the city’s largest banks to set aside more capital to cushion against unexpected losses and pose less risk to the financial system.
February 19, 2015The Hong Kong Monetary Authority has endorsed a revised code of banking practice that requires the city’s banks to uphold international banking practices in areas of disclosure and transparency, responsible business conduct and financial education.
February 9, 2015