The guidance is based on thematic examinations at banks, conducted to ensure they proper systems and control in place to manage their green and sustainable products.
December 12, 2022The guide describes a solution to automating product due diligence and a governance tool for improving oversight of the sales advisory process.
October 28, 2022The new guidance covers investment product suitability, concentration risk assessments, and the sale of loss-absorption products.
October 25, 2022Hannah Cassidy and Natalie Curtis discuss key areas of concern for the SFC in relation to the online platforms operated by licensed firms.
September 28, 2022The SFC is calling on licenced corporations to address regulatory deficiencies identified in some investment services offered online.
September 2, 2022Banks should discuss their plans for selling PLP with the HKMA and the details of pre-implementation reviews conducted by an independent party.
July 12, 2022The review’s objectives are to assess intermediaries’ compliance with requirements to perform product due diligence, conduct suitability assessments and provide information to clients.
March 2, 2022The circular follows the $30mn issuance of Hong Kong's first catastrophe bond by Greater Bay Re, a state-sponsored special purpose vehicle.
October 12, 2021GEO's breaches were attributable to Lun Sheung Nim's failure to discharge his duties as a responsible officer and member of the senior management.
June 11, 2021The HKMA invites Regtech providers to showcase solutions to help Hong Kong banks solve common risk management and regulatory compliance pain points.
March 26, 2021