Tag: Hong Kong
Hong Kong has secured $3bn through the sale of denominated green...
The government of Hong Kong has revealed it has raised $3bn through the sale of green bonds denominated in US dollars and Euros.
HKMA reprimands four Asian banks due to AML abuses
The Hong Kong Monetary Authority (HKMA) has disciplined four banks due to anti-money laundering (AML) violations for a total imposed penalty of HKD$44.2m.
Hong Kong Stock Exchange publishes updated ESG, corporate governance guidance
The Stock Exchange of Hong Kong (HKEX) has published guidance on climate disclosures as well as an analysis of corporate governance and ESG practice disclosure across 2020-2021.
Hong Kong, mainland China to link regulatory sandbox to aid cross-border...
The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.
HKMA initiates first CBDC steps with whitepaper launch
The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.
Hong Kong’s SFC unveils consultation conclusion on AML/CFT guideline amendments
Hong Kong’s Securities and Futures Commission (SFC) has published the conclusion of a consultation to amend its anti-money laundering and counter terrorism financing guidelines.
Cyberport enters next stage for FinTech grant scheme
Cyberport has reached the next application stage for its FinTech Proof-of-Concept Subsidy Scheme, which could see companies given a total of HK 10m ($1.28m) in grants.
Hong Kong’s SFC introduces climate risk requirements for fund managers
Hong Kong’s Securities and Futures Commission (SFC) will require fund managers to take climate-related risks into consideration in their future investment and risk management processes.
HKMA sets out four-step initiative to drive bolstered RegTech adoption
The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.
Hong Kong could introduce mandatory climate disclosures as early as 2022,...
The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.
