Banks have six months to enable capabilities to generate XML reports and ensure appropriate personnel is in place.
October 14, 2021In a new Spotlight Review, the FMSB outlines steps firms can take to promote equivalent conduct outcomes in a hybrid environment.
October 3, 2021Five crypto exchanges and one wallet provider have so far submitted their registration documents. Only Upbit has been formally approved by the FSC.
September 24, 2021ASIC calls on market participants and listed companies to be on the lookout for and report suspected ‘pump and dump’ activity in listed securities.
September 23, 2021In the fourth quarter, the frequency at which banks have to report data to the HKMA will also increase from quarterly to monthly, with a simplified reporting template.
August 20, 2021The investor identification regime is expected to be launched in H2 2022. The securities transactions reporting regime will go live in H1 2023.
August 11, 2021The FPA says the formula ASIC uses to estimate the industry funding levy for financial planners is not equitable or sustainable and must be reviewed immediately.
July 29, 2021Ramp-and-dump scams now account for about half of the market manipulation cases being investigated by the SFC. Overseas investors also being targeted.
July 27, 2021A business advisory from four US government agencies says US firms should be aware of the risks they face if they continue operating in Hong Kong.
July 18, 2021HoSE has commenced connection trials with securities firms and intends to start functional trials from 26 July.
June 18, 2021