Events listed in Hong Kong
FAQs – Publicly offered investment products: Open-ended Fund Companies
ID 26340
The Securities and Futures Commission (SFC) has published revised frequently asked questions (FAQs) relating to Open-ended Fund Companies (OFCs). The FAQs aim to „provide basic information to market practitioners in respect of open-ended fund companies“, thereby addressing a wide range of topics ranging from registration issues to the discontinuation of sub-funds. Besides some editorial changes, this latest revised version contains a new added FAQ ...
United Nations Sanctions (Central African Republic) Regulation 2020 (Amendment) ...
ID 26321
On December 15, 2023, the Hong Kong government published a press release to announce the gazettal of the United Nations Sanctions (Central African Republic) Regulation 2020 (Amendment) Regulation 2023 which came into force on same day. The regulation amends the United Nations Sanctions (Central African Republic) Regulation 2020 „to give effect to certain decisions relating to sanctions in the United Nations Security Council Resolutions ...
HKEX Signs Cooperation Agreement with Heilongjiang Government
ID 26299
Hong Kong Exchanges and Clearing Limited (HKEX) has published a press release to inform that the People’s Government of Heilongjiang Province and HKEX have entered into a Memorandum of Understanding (MoU) aimed at strengthening cooperation and facilitating the listing process for Heilongjiang-based companies in Hong Kong. The MOU encompasses various initiatives primarily to support Heilongjiang-based organizations, including the joint hosting of seminars on relevant ...
HKEX Signs Cooperation Agreement with Qingdao Municipal People’s Government
ID 26172
Hong Kong Exchanges and Clearing Limited (HKEX) has published a press release to inform that the Municipal People’s Government of Qingdao and HKEX have entered into a Memorandum of Understanding (MoU) aimed at strengthening cooperation and facilitating the listing process for Qingdao-based companies in Hong Kong. The MOU encompasses various initiatives primarily to support Qingdao-based organizations, including the joint hosting of seminars on relevant ...
ITIB publishes Policy Statement on Facilitating Data Flow and Safeguarding Data ...
ID 26170
The Hong Kong government has published a press statement to inform that the Innovation, Technology and Industry Bureau (ITIB) has released a Policy Statement on facilitating data flow and safeguarding data security in Hong Kong. The Policy Statement outlines management principles and strategies for data governance in an effort to promote data consolidation, application, opening up, and data sharing while enhancing data security and ...
Circular to intermediaries SFC and HKMA joint product survey 2023
ID 26156
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have issued a joint circular to inform intermediaries with type 1 or type 4 registrations about the upcoming yearly survey on sales data on certain investment products. In detail, the survey covers „the sale of non-exchange-traded investment products such as collective investment schemes, debt securities, structured products, swaps, swaptions and repos“ ...
SFC highlights key regulatory work and market data in quarterly report
ID 26133
The Securities and Futures Commission of Hong Kong, SFC, has published its latest Quarterly Report covering the period from July through September 2023. The report provides some general statistical data e.g. on mutual fund registrations, licenses granted, or enforcement actions, and also summarizes industry developments and the Commission’s regulatory activities during the specified period. Some of the highlights are noted below: – The SFC ...
Hong Kong signs MoU with Saudi Arabia on investment promotion (with photos/video)
ID 26130
The Hong Kong government has issued a press statement to announce the signing of a memorandum of understanding (MoU) between Invest Hong Kong (InvestHK) and the Ministry of Investment of Saudi Arabia. The aim of the MoU is to foster collaboration between the two government agencies to promote mutual investments in an effort to „bolster bilateral investment flows“ and confidence of investors in both ...
HKSAR Government’s response to Moody’s announcement of change to Hong ...
ID 26097
On December 6, 2023, the rating agency Moody’s announced that it will change Hong Kong’s credit outlook from „stable“ to „negative“ while maintaining Hong Kong’s long-term issuer rating at „Aa3“, recognizing the city’s robust credit strengths, fiscal buffers, and significant reserves. In response to this announcement, the spokesman of the Hong Kong government publicly stated his disappointment about the negative outlook. I ...
eMPF Platform – Bringing new opportunities to MPF intermediaries
ID 26049
The Mandatory Provident Fund Schemes Authority (MPFA) has issued a press statement in which it informs of a recent webinar held on December 4, 2023 addressed at mandatory provident fund (MPF) intermediaries. In it, Mr. Anthony Chiu, General Counsel of the MPFA, outlined the objectives, recent developments, and forthcoming opportunities introduced by the eMPF Platform. He specifically emphasized the platform’s role in providing a ...