Tag: HKMA
HKMA reminds industry to take heed of credit risk amid 15% uptick in asset-backed loans
HK’s banking industry is more safe and resilient than ever: Norman Chan
FIs should avoid “over-interpreting” regulations: HKMA’s Norman Chan
HKMA’s new LAC rules favour brokerages over banks
July Regulatory Round-up: SFC notes 2% drop in 2018 PWM AUM; HKMA guidance on loss-absorption products stirs uncertainty; China encourages foreign participation in onshore financial industry
HKMA to roll out technical standards for open API framework
Eddie Yue to replace Norman Chan as the HKMA’s new chief
PBs can look to SFC expectations for remote onboarding to comply with HKMA rules
HK, Mainland China conduct and culture regimes “vary significantly”: Synpulse
HKMA further extends suitability deadline for select products
SFC recognises fintech’s role in remote onboarding
“Very strong” demand for cross-border testing platform of global regulatory group
PBs adopt portfolio suitability approach to “take full advantage” of HKMA flexibility
Bank resolution regime remains top priority for HKMA
Dissatisfied clients get more choice with HKMA’s issuance of four new virtual bank licences
Enforceability “not an issue” once green finance standards kick in
HKMA to create “flexible” green finance framework
April Regulatory Round-up: APAC regulators maintain AML focus; bank culture requires practical enforcement; concerns over conflicting cross-border regulations
HK regulators urge Mainland FIs to review risky financial arrangements
PBs must look beyond awareness campaigns to achieve proper banking culture: Synpulse
Fintechs view Hong Kong as launchpad for regional expansion: InvestHK
WM services in the offing for Hong Kong’s new virtual banks
FIs are aware of cybersecurity risks but third-party due diligence falls short
SFC considers PWMA’s suggestion to extend suitability rules deadline
February Regulatory Round-up: Australia’s Banking Royal Commission draws to a close, Deadline for SFC’s suitability rules looms, MAS launches fintech guidance
PWMA’s apprenticeship scheme broadens PBs’ access to local talent
HKMA looks to develop KYC utility with local bank association
Banks showing signs of positive culture reform: HKMA
Open banking initiatives could impact PWM industry in coming 12-18 months: Accenture
2019 regulatory outlook: What’s in store for Asia’s private banks?
Varied client communication channels put banks at risk
HKMA ramps up bank culture reform
Key regulatory trends in 2018
SFC receives “largely supportive” response for its “front-loaded” approach: Ashley Alder
HK Fintech Week & Singapore Fintech Festival: 2018 wrap-up
October Regulatory Round-up: Regulators play fintech balancing act
HKMA streamlines AML guideline for PBs
HKMA encourages banks to be flexible in assessing product tenor suitability
HKMA to launch new AML Supervisory Policy Manual
SFC leverages data analytics to improve market surveillance
SFC pushes for complex product suitability checks despite doubts from industry
September Regulatory Round-up: MAS lists enforcement priorities; PWMA suggests PWM codes for HK; online suitability a “huge challenge”
HKMA and MAS strengthen ties with China
PBs face “huge challenge” to meet online suitability requirements
HKMA taking “risk-based approach” to regulating online and offline investments
HKMA signs fintech deal with Brazil
