The amendments strengthen the expertise, independence and experience requirements of AML officers.
December 6, 2023The regulator has proposed revising its insider trading regulations to make it easier for senior management to trade in company shares.
November 28, 2023New NAFR notice requires the establishment of internal controls and governance structures specifically designed to prevent criminal cases involving banks and insurers.
November 14, 2023The SFC outlines risk management considerations for licensed corporations offering IPO services ahead of HKEX's launch of a new IPO settlement platform.
November 9, 2023FMLIT expanded to include more AIs; FINEST to cover more banks; FPS to gain pre-transaction alert mechanism.
October 16, 2023The new information paper sets out expectations in four areas: governance, product design, ongoing LRM, and stress testing.
October 13, 2023The guidance covers board and senior management responsibilities and the use of look-back reviews of past transactions.
September 1, 2023Bank presidents asked to inspect their institutions' internal control systems, and to do more to contain rising levels of household indebtedness.
August 21, 2023The rules implement "differentiated regulatory requirements" based on an institution's development strategy, business scale, complexity, and risk status.
August 2, 2023The amendments cover a wide range of topics, addressing climate, digitalisation, interest rate risk, cyber risk, counterparty credit risk, and bank culture.
July 7, 2023