The clearing obligation will no longer apply to transactions referencing LIBOR and EONIA, which have been discontinued.
August 31, 2023Applications now being accepted under the new regulatory regime for depositaries of collective investment schemes.
July 28, 2023The focus of the amendments is to facilitate the electronic submission of specific documents to the Official Receiver, allow for electronic proxies, and introduce other improvements.
July 13, 2023Capital requirements for insurers will be more sensitive to their asset and liability matching, risk profile and mix of products.
July 7, 2023The task force will bring together industry leaders and regulators to provide advice on developing Hong Kong into a Web3 hub.
July 4, 2023The tax concession will be applicable to any years of assessment commencing on or after 1 April 2022.
May 11, 2023Mandatory clearing will be required for certain OTC transactions referencing ARRs rather than for those referencing IBORs that are being discontinued.
March 13, 2023About 20 depositaries and 300 individuals will require licensing under RA 13, the new regulated activity for depositories of collective investment schemes.
February 6, 2023A consultation on retail trading will begin sometime in Q1. The SFC plans to start accepting applications for VASP licences in mid 2024.
January 12, 2023LegCo member Wu Jiezhuang says using the CBDC as a government-backed stablecoin will help address virtual asset risks and enhance trust in Web3.
January 12, 2023