Tag: Hong Kong Securities and Futures Commission (SFC)
SPD Bank launches wealth management platform in Hong Kong
Inside what’s driving Hong Kong’s wealth AUM rebound
Wealth Management Connect 2.0: Bigger quotas, more products
Bottom Line: What to expect from Wealth Management Connect 2.0
Regulators unveil “streamlined approach” for wealth investors. Here’s what that means
UBS/Credit Suisse deal: HK and SG regulators react
Hong Kong SFC head to depart for UK regulator
Equity-linked structured products in internet and tech dominated OTC sales in 2020: SFC-HKMA report
Hong Kong’s SFC to introduce investor identification and OTC reporting
Hong Kong PB and private WM business AUM grew by 25% in 2020: SFC survey
SFC fines Deutsche Securities Asia HK$2.45 million for incorrect prime brokerage client statements
Hong Kong and Thailand mutually recognise funds
SFC grant scheme entices OFCs and REITs to set up in Hong Kong
March Regulatory Round-up
Hong Kong SFC issues over 30 restriction notices to deter social media ramp-and-dump schemes
Jan/Feb Regulatory Round-up: GBA Wealth Management Connect; warning against ramp-and-dump scams; 2021 priorities
OSL to provide brokerage services for Venture Smart’s digital asset funds
SFC reminds intermediaries to act in the best interests of clients when trading highly volatile securities
Regulators sign MoU for Greater Bay Area Wealth Connect
Hong Kong, Thailand sign Mutual Recognition of Funds agreement
OSL obtains first SFC licence for virtual asset trading platform
November Regulatory Round-up: Ant IPO suspension may signal private sector retreat; SFC reassures FIs on US sanctions vs. NSL; MAS 2021 enforcement focus may shift to PB
Lack of electronic solutions hinders HK and SG capital market activities: ASIFMA report
SFC bans former BoS and StanChart RM for 21 months
September Regulatory Round-up: FinCEN leak; MAS’s individual accountability regime; removal of private OFC fund restrictions
SFC facilitates use by intermediaries of online trading platforms
SFC proposes risk-based AML rules to align with FATF comments
Hong Kong SFC fines BEA HK$4.2 million for regulatory breaches
SFC implements changes to the open-ended fund regime
August Regulatory Round-up: China opens bond market to foreigners; HK launches Limited Partnership Fund regime; HK security law may clash with US sanctions
SFC removes all investment restrictions for private OFC funds
SFC bans ex-UBS client advisor for eight months
SFC, CSRC approve two ETFs cross-listings
SFC bans ex-CITIC RM for life
AUM of Hong Kong PBs, private WMs up 19% in 2019, topping HK$9 trillion: SFC
July Regulatory Round-up: HKMA reassures market on NSL, eases compliance measures; MAS proposes omnibus act to address financial risks
SFC reassures NSL won’t affect hedging and short selling in Hong Kong
June Regulatory Round-up: MAS quashes fund flow rumours; WM Connect launches; PBs in HK ramp up bespoke deal record-keeping
Lufax Holding’s Hong Kong subsidiary receives licences for investment and WM services
May Regulatory Round-up: Regulators come to the defence of Hong Kong; HKMA reviews incentive structures; Increased demand for fully remote onboarding
Hong Kong regulators to review intermediaries’ spread charge policies in 2H20
SFC “delighted” that its CEO will stay for another three years
HKMA seeks PWMA feedback on mandatory reference checking scheme
SFC and HKMA join hands to establish green finance steering group
April Regulatory Round-up: PBs in spotlight as clients face losses; MAS aligns with Hong Kong on suitability; China loosens overseas JV ownership rules
LCs must promptly report major operational changes caused by COVID-19: SFC
