Hong Kong Monetary Authority (HKMA)
Regulators and accumulators
Asian economies have suffered less from the global financial downturn than they did during the regional crisis of 1997. Risk levels are now lower, while the money that has been accumulated after more than 10 years of extraordinary wealth creation is back
Investors should force Hong Kong regulatory reform, says legislator
Ronny Tong, a former barrister and member of the Legislative Council of Hong Kong (LegCo), believes Hong Kong should replace its various financial regulators with a unified regulatory body. But he told a Hong Kong Investment Funds Association luncheon on…
Banks sign agreement to buy back Lehman minibonds
SFC, HKMA agreement is set to buy back Lehman minibonds, but market is feeling wary
Hong Kong ring-fenced assets prior to Lehman Bros collapse
HKMA puts 19 foreign banks on its watch list; conducts 'swine flu' stress test
Regulatory wrangling
Structured products
HKMA amends FX risk guidelines
Daily news headlines
HKMA urges firms to heed Lehman advice
Daily news headlines
HKMA addresses reputational risk
Daily news headlines
HKMA issues further AML guidance
Daily news headlines
HKMA “strongly recommends” PEPs profiling
Daily news headlines
HKMA issues open letter for compliance with SFO
Daily news headlines
HKMA publishes new return of capital adequacy requirements
Following the passage of the Banking (Capital) Rules in December 2006, the Hong Kong Monetary Authority (HKMA) has finalised the new return of capital adequacy requirements and its completion instructions.
Time for change
Implementation of the core principles of op risk still has a long way to go in the Asia-Pacific region. Ellen Davis reports
HKMA out with new SPM
HKMA issues a supervisory policy manual (SPM) on the “Use of Internal Models Approach to Calculate Market Risk”.