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Hong Kong Securities And Futures Commission Reprimands And Fines Hang Seng Bank Limited $66.4 Million For Misconduct In Selling Practices Of Investment Products
27 Jan 2025 17:17 GMT
… contradicted both the funds’ investment objectives and the clients’ … clients who declared making investment decisions themselves were in … safeguarding the interest of investors.”
Mr Raymond Chan, … the SFC and the Hong Kong Monetary Authority (HKMA).
HSB is …
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Hang Seng Bank fined US$8.5 million for investment product sales misconduct
27 Jan 2025 13:35 GMT
… overcharging its clients while selling investment products.
The Securities and Futures … them to conduct frequent collective investment schemes (CIS) transactions with … from an investigation by the Hong Kong Monetary Authority, the regulator said.
The bank …
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Hong Kong Monetary Authority (HKMA) launches supervisory incubator to assist banks in adopting DLTs
09 Jan 2025 11:34 GMT
On January 8th, the HKMA launched an initiative to help banks adopt distributed ledger technology (DLT). The initiative will focus on tokenized deposits with the Hong Kong Central Bank and provide support for local banks during the trial.
HKMA’s press …
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Phuket eyed for crypto sandbox
31 Jan 2025 22:48 GMT
… but also digital nomads, crypto investors, and innovative startups to the … digital economy and appropriately protect investors'; benefits," she said … regulator linked up with the Hong Kong Monetary Authority and launched the joint Inthanon …
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China to allow foreign investors to take onshore bonds offshore via repos and derivatives
21 Jan 2025 05:07 GMT
… capital-flow controls, help foreign investors generate greater returns and manage … PBOC and the Hong Kong Monetary Authority (HKMA) will allow global investors to use onshore … a “less flexible investment option” for overseas investors because they could not …
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Saudi Central Bank pens MoU with Hong Kong Monetary Authority
06 Dec 2024 12:04 GMT
… of Understanding (MoU) with the Hong Kong Monetary Authority (HKMA) in order to … for monetary policy, the global investment and financial market landscape, and … SAMA explored bilateral relations with Hong Kong Monetary Authority. During the meeting, the two …
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Hong Kong legislators discuss new stablecoin bill
31 Jan 2025 02:25 GMT
… Ho, executive directors at the Hong Kong Monetary Authority (HKMA), also attended the session … and high liquidity with minimal investment risk.”
During the committee sitting …
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Hong Kong Securities and Futures Commission grants PantherTrade and YAX operational licenses
29 Jan 2025 19:27 GMT
… a safe environment for retail investors to engage with digital assets … required to register with the Hong Kong Monetary Authority (HKMA).
The committee explained that …
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Hong Kong banks to focus on resilience, costs in 2025: KPMG
28 Jan 2025 09:30 GMT
… Kong’s banking industry.
For investment banks, the positive policy measures … supported by authorities, with the Hong Kong Monetary Authority (HKMA)’s Project Ensemble Sandbox …
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Fraud Prevention Strategies for 2025 to Combat Emerging Digital Threats
27 Jan 2025 12:52 GMT
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In 2025, fraud prevention strategies are non-negotiable. It’s a battle for trust. With cybercrime evolving at breakneck speed and scams becoming more sophisticated, …