Events listed in Hong Kong
Wealth summit to be held
ID 22145
The Hong Kong Government has published a press statement to announce an upcoming Wealth for Good in Hong Kong Summit on March 24, 2023 at the Hong Kong Palace Museum. The summit is addressed at family offices and asset managers and will cover the following four topics – as quoted: (a) Wealth for Tech: Hong Kong’s financing capability to empower the next generation of ...
United Nations Sanctions (Somalia) Regulation 2019 (Amendment) Regulation 2023 ...
ID 22144
The Hong Kong government has published a press release to announce the gazettal of the United Nations Sanctions (Somalia) Regulation 2019 (Amendment) Regulation 2023 which came into force on same day. The regulation amends the United Nations Sanctions (Somalia) Regulation 2019 „to give effect to certain decisions in Resolution 2662 (2022) adopted by the Security Council of the United Nations (Security Council) on 17 ...
United Nations Sanctions (Haiti) Regulation (Cap. 537CO)
ID 22142
Following a corresponding announcement by the Hong Kong government early March 2023, the first version of the United Nations Sanctions (Haiti) Regulation was now published on Hong Kong’s e-Legislation platform, the official website of Hong Kong’s government for publicizing legal documents. As noted before, the regulation implements several decisions of the United Nations Security Council as regards restrictive measures towards Haiti as outlined in ...
Circular to Licensed Corporations Updated Frequently Asked Questions (FAQs) on OTC ...
ID 22139
The Securities and Futures Commission of Hong Kong, SFC, has published a circular addressed at licensed corporations in connection with the Commission’s frequently asked questions (FAQs) on OTC Derivatives Clearing Requirements. Specifically, the Commission informs that it has modified these FAQs to reflect the addition of new calculation periods for the determination of the central clearing requirement. Please see EventID 19839 in this context ...
Expansion of Stock Connect Eligible Stocks to Take Effect 13 March
ID 22136
Following a joint announcement of the Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) as regards the expansion of the scope of Stock Connect to include additional securities that will be eligible for Northbound and Southbound trading in December 2022 (please see EventID 18846 for more information), the Hong Kong Exchanges and Clearing Limited (HKEX) has now made another announcement ...
FAQs – OTC derivatives regime: FAQs on the operation and implementation of ...
ID 22134
The Securities and Futures Commission of Hong Kong (SFC) has published a new version of its frequently asked questions (FAQs) on the Implementation and Operation of the Mandatory Clearing Regime. They are intended to „help market participants better understand their obligations and responsibilities under the Clearing Rules“ and help them comply with the regime. Generally speaking, the FAQ cover issues such as who is ...
United Nations Sanctions (Haiti) Regulation gazetted
ID 22124
The Hong Kong government has published a press release to announce the gazettal of the United Nations Sanctions (Haiti) Regulation. The regulation implements several decisions of the United Nations Security Council as regards restrictive measures towards Haiti as outlined in UN resolution 2653 which was subsequently modified by UN resolution 2664. The sanction measures encompass the following: (1) the prohibition to supply, sell, or ...
Investor identification regime to take effect on 20 March 2023
ID 22116
In view of the upcoming new Hong Kong Investor Identification Regime (HKIDR) which will be effective from March 20, 2023, the Securities and Futures Commission (SFC) has published a press statement primarily addressed at investors to once again remind them that they need to submit their consent for the „collection, storage, processing and use of personal data“ BEFORE that date. Otherwise, they will not ...
Circular to Intermediaries Arrangements for the launch of the Hong Kong Investor ...
ID 22114
The Securities and Futures Commission, SFC, has issued a circular in connection with the upcoming new Hong Kong Investor Identification Regime (HKIDR) which will come into force on March 20, 2023. Specifically, the circular reminds intermediaries that they must ensure compliance with all regulatory obligations under the corresponding provisions of the [*Code of Conduct for Persons Licensed by or Registered with the Securities and ...
Securities and Futures (OTC Derivative Transactions—Clearing and Record Keeping ...
ID 22089
A newly updated version of the Securities and Futures (OTC Derivative Transactions—Clearing and Record Keeping Obligations and Designation of Central Counterparties) Rules was published on Hong Kong’s e-Legislation platform, the official website of the Department of Justice for publicizing legal documents. The rules which specify the clearing and record keeping obligations with respect to transactions in OTC derivatives were revised following the publication of ...