Events listed in Hong Kong
HKMA publishes joint report on Project Sela
ID 24906
On September 12, 2023, the Hong Kong Monetary Authority (HKMA), in collaboration with the Bank of Israel and the Bank for International Settlements Innovation Hub (BISIH), released a joint report concerning Project Sela, a joint initiative by aforementioned entities to explore the (technical) feasibility of a retail Central Bank Digital Currency (rCBDC) system that encourages both competition and innovation in digital payments by allowing ...
Government launches retail green bond
ID 24835
The government of Hong Kong has published a press statement to announce the launch of a second „batch of retail green bond, under the Government Green Bond Programme, for subscription by Hong Kong residents“. The launch represents another key step in Hong Kong’s ambition to „enrich the green and sustainable finance ecosystem in Hong Kong, and showcase to potential issuers that Hong Kong can ...
HKSAR Government releases Green Bond Report 2023
ID 24792
The Hong Kong government has issued a press statement to inform of the publication of its Green Bond Report 2023. The report is primarily addressed at both retail and institutional investors in the government’s green bonds in an effort to provide information on the proceeds from green bonds issuances in the past year and to provide transparency on the allocation of funds towards green ...
Circular to Licensed Corporations in relation to list of prescribed persons who ...
ID 24781
The Securities and Futures Commission of Hong Kong, SFC, has issued a circular informing about an updated list of firms which have reached their „clearing threshold under the clearing and record keeping rules for the OTC derivatives regime“ and which are subsequently subject to central clearing requirements for in-scope transactions.
Regulators conclude consultation on revising OTC derivative Clearing Rules
ID 24753
In March 2023, the Securities and Futures Commission of Hong Kong (SFC) and the Hong Kong Monetary Authority (HKMA) launched a joint consultation on proposed revisions to the Securities and Futures (OTC Derivative Transactions – Clearing and Record Keeping Obligations and Designation of Central Counterparties) Rules in view of the global benchmark rate reform and the transitioning away from inter-bank offered rates (IBORs) to ...
Task Force on Enhancing Stock Market Liquidity established
ID 24749
The Hong Kong government has published a press statement to inform that it has officially established a Task Force on Enhancing Stock Market Liquidity under the chairmanship of Mr. Carlson Tong. The Task Force is comprised of members from the financial services sector, government officials, and key representatives from financial regulatory bodies and the Hong Kong Exchanges and Clearing Limited (a list is provided ...
Planning for net-zero transition (PDF File, 201.8 KB)
ID 24746
The Hong Kong Monetary Authority, HKMA, has issued a circular primarily addressed at banks operating in Hong Kong in connection with institutions‘ transition planning. Specifically, in the circular, the Authority provides some high level principles for banks to effectively plan and navigate the transition to a net-zero economy, while ensuring safety and soundness in their operations. The regulator finds such principles to be necessary, ...
SFC concludes consultation on risk management guidelines for futures dealing ...
ID 24738
Following a consultation in November 2022 on proposed new risk management guidelines for futures dealing activities, the Securities and Futures Commission of Hong Kong, SFC, has now published a corresponding consultation conclusion paper. In this paper, the Commission briefly summarizes the responses it has received to its consultation and outlines the final guidelines as they will apply from February 25, 2024. #### Background On ...
Circular to Intermediaries Reminder on the Over-the-counter Securities Transactions ...
ID 24736
The Securities and Futures Commission of Hong Kong, SFC, has issued a circular addressed at financial market intermediaries regarding the over-the-counter transaction reporting regime (OTCR). Therein, the Commission reminds of the fact that the new regime will come into force on September 25, 2023. Firms need to ensure to complete their testing and preparation for reporting under the OTCR before the effective date. In ...
Tentative issuance schedule for Exchange Fund Bills and Notes
ID 24636
The Hong Kong Monetary Authority (HKMA) has published a press release to announce its new tentative issuance schedule for „Exchange Fund Bills and Notes (EFBNs)“. The schedule covers the period from October 1, 2023 through December 31, 2023 and sets out the tentative tender and issuance dates, the respective issuance sizes, and the tenors of the instruments. The schedule is tentative only which means ...