Category Archives: Regulatory Updates

Amendments to the Rules of the Exchange and the Operation Procedures for Stamp Duty Collection of The Stock Exchange of Hong Kong Limited (“SEHK”)

The circular refers back to our previous communication, the Circular of May 19th, 2023 (Ref [...]

Amendments to the General Rules of CCASS (the “Rules”) and the CCASS Operational Procedures (the “Procedures”) of Hong Kong Securities Clearing Company Limited (“HKSCC”)

This circular refers to a previous circular sent on May 19, 2023 (Ref No. LSD/034/2023). [...]

The HKMA welcomes the launch of the HKD-RMB Dual Counter Model and the Dual Counter Market Making Programme

The Hong Kong Monetary Authority (HKMA) is pleased to announce the launch of the HKD-RMB [...]

SFC updates guidance to prepare for HKD-RMB Dual Counter Model

In anticipation of the upcoming launch of the HKD-RMB Dual Counter Model on June 19, [...]

SFC concludes consultation on the position limit regime

The Hong Kong Securities and Futures Commission (SFC) has released its conclusions on the proposed [...]

New speech by Julia Leung: Keynote speech at HKIFA 16th Annual Conference

During the keynote speech at the 16th HKIFA Annual Conference, CEO Julia Leung discussed the [...]

Update – Amendment of Rules in relation to Northbound Trading of Stock Connect by China Securities Regulatory Commission (CSRC), Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE)

The Exchange Circular (Ref. No.: CT/088/22) has stated that starting from July 24, 2023, Mainland [...]

List of Authorized Institution-related Trustees

The Hong Kong Monetary Authority (HKMA) has launched a list of authorized institution (AI)-related trustees [...]

The HKMA issued a letter on 31 May 2023 to consult the banking industry on implementation of Basel III final reform package – credit risk and output floor

This consultation document assumes that the rules created by the Monetary Authority under section 97C [...]

Revision of two Specified Forms in relation to Application for Disclosure of Protected Information

As of June 1, 2023, the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022 has [...]