John Yeap

Hong Kong’s push into carbon markets hobbled by lack of ‘trust’

Hong Kong is the latest entrant into the voluntary carbon market with a remit to channel much-needed overseas funds into mainland China. Its new regulatory regime needs to overcome a crippling lack of trust in offsets despite their vast growth prospects. 

Hong Kong takes next steps towards building its carbon market

The next steps to transform Hong Kong into a high-quality voluntary carbon market have been signed off, the Securities and Futures Commission (SFC) said in a statement on March 30.

ASIC spells out legal obligations for social media influencers impacting investor behaviour

Social media influencers and firms involved in securities markets have been reminded by the Australian Securities and Investments Commission (ASIC) about their legal obligations. 

SFC consults on regulating collective investment depositories

The Hong Kong Securities and Futures Commission proposes regulating depositories of SFC-authorised collective investment schemes under its RA 13 regime 

ASIC turns to regtech to improve corporate disclosures

Five regtech providers have been selected by the Australian Securities and Investments Commission (ASIC) for its Business Research and Innovation Initiative (BRII) and will focus on corporate disclosure. 

Hong Kong regulators consult on increasing clearing rules calculation periods

Hong Kong’s regulators are consulting over adding eight new calculation periods under clearing rules for their over-the-counter derivatives regulatory regime. 

HKMA to work on green and sustainable finance modules for bankers

Work is set to begin on developing a new module on green and sustainable finance under the enhanced competency framework for banking practitioners, the Hong Kong Monetary Authority (HKMA) said on December 16, 2021. 

Hong Kong banks resilient to climate shock, but should be prepared

Though a climate shock would significantly impact Hong Kong's banks negatively, and they should prepare for such an occurrence, the Hong Kong Monetary Authority (HKMA) said they are nonetheless resilient to such an event.

Chinese companies face tougher rules for offshore listings

Mainland Chinese platform companies seeking to list their shares abroad will have to pass a cyber security review beforehand if they have more than 1 million users on their databases – a law that becomes effective from February 15, 2022. 

Irfan Ahmad

Singapore doubles down on digitisation to future-proof financial centre

Singapore is attempting to boost its appeal to asset managers with the digitisation of a recently launched fund structure, which some in the industry believe will be a game-changer for the city state.