All posts tagged "Hong Kong"
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Hong Kong
Hong Kong Regulator Issues Quarter to June Report
The Securities and Futures Commission issued its quarter to June report detailing accomplishments that included the release of a regulatory framework for the over-the-counter derivatives market, and the announcement of a cross-border stock market scheme between Hong Kong and Shanghai.
August 21, 2014 -
United States
Standard Chartered Fined $300 Million by US Financial Watchdog
Standard Chartered will pay $300m over lapses in anti-money-laundering procedures and temporarily suspend its dollar clearing operations with high-risk clients in Hong Kong, the New York State Department of Financial Services (DFS) said.
August 21, 2014 -
Hong Kong
Hong Kong, Thailand Launch New Cross-Border Payment Link
The Hong Kong Monetary Authority and Bank of Thailand introduced a new cross-border payment link between Hong Kong’s US dollar real time settlement system and Bank of Thailand’s Baht system.
July 28, 2014 -
Hong Kong
Hong Kong Regulator to Finalize REIT Code Changes
The Securities and Futures Commission is finalising amendments to the Real Estate Investment Trust Code (REIT) which will allow REIT managers to invest in financial instruments and property development activities, after many industry participants supported the measure.
July 25, 2014 -
China
China to Relax Foreign Ownership Control in Fund Industry
China’s main financial regulator signalled a loosening of rules governing foreign control in fund companies.
July 22, 2014 -
Jurisdictions
Singapore Plans Stronger Safeguards for Investors
The Monetary Authority of Singapore will require providers of investment products to rate their offerings for complexity and risks, as part of measures aimed at enhancing regulatory framework to safeguard investors’ interests.
July 22, 2014 -
Hong Kong
Hong Kong Starts Consultation on New OTC Derivatives Reporting Rules
The Hong Kong Monetary Authority and the Securities and Futures Commission are seeking industry views on rules regarding mandatory reporting and related record-keeping obligations under the new over-the-counter (OTC) derivatives regime.
July 21, 2014 -
Hong Kong
Hong Kong Regulator Fines Ping An for Control Failings
The Securities and Futures Commission has fined Ping An of China Securities (Hong Kong) HK$6 million over “serious internal control deficiencies.”
July 10, 2014 -
Hong Kong
Regulator SFC to Promote Hong Kong Domiciled Funds
The Securities and Futures Commission said it will continue with its efforts to develop an asset management market for Hong Kong domiciled funds, while safeguarding investor interests through launching various regulatory initiatives.
July 9, 2014 -
Hong Kong
Hong Kong Regulator Reviews Regulation Approach to Market Intermediaries
The Securities and Futures Commission is reviewing its overall approach to the regulation of market intermediaries following the combination of its licensing and supervision departments within a new Intermediaries Division.
June 27, 2014
