Category Archives: Regulatory Updates

Conclusion of discussion paper on crypto-assets and stablecoins

On 12 January 2022, the HKMA issued a discussion paper on crypto-assets and stablecoins and [...]

Government welcomes passage of Stamp Duty (Amendment) Bill 2022

The Stamp Duty (Amendment) Bill 2022 was passed on 18 January. It gives effect to [...]

MIGRATION OF NORTHBOUND (NB) BROKER-TO-CLIENT ASSIGNED NUMBER (BCAN) FILE SUBMISSION AND DOWNLOAD FUNCTIONS TO ELECTRONIC COMMUNICATION PLATFORM 2.0 (ECP 2.0)

HKEX plans to implement the Migration of the platform. During the first phase, HKEX will [...]

The Companies (Amendment) Ordinance 2023 (“the Amendment Ordinance”) will come into operation on 28 April 2023.

The Amendment Ordinance provides a modern framework for general meetings held virtually. It seeks to [...]

EXCHANGE PUBLISHES RESULTS OF REVIEW OF ISSUERS’ 2021 ANNUAL REPORTS

HKEX published the results of the review of issuers’ 2021 annual reports and made recommendations, [...]

BCBS issued FAQs to clarify how climate-related financial risks

The HKMA is looking to embed climate-related financial risks into its supervisory framework by taking [...]

Circular to licensed corporations Thematic review of Data Standards for Order Life Cycles

SFC found that although the SFC has repeatedly reminded In-Scope Brokers to implement system changes [...]

Circular to Intermediaries Launch of the Hong Kong Investor Identification Regime

SFC has decided to launch the Hong Kong Investor Identification Regime (HKIDR) on 20 March 2023. Upon [...]

Circular to Licensed Corporations and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022

On 16 December 2022, the Securities and Futures Commission (SFC) announced an amendment that is [...]

Circular to Intermediaries Updates on the Over-the-counter Securities Transactions Reporting Regime (OTCR)

The OTCR will be launched on 25 September 2023. To ensure the Relevant Regulated Intermediaries [...]