Tag: Hong Kong

The Hong Kong Monetary Authority (HKMA) will develop a green sustainable finance module for banking practitioners following recommendations from Hong Kong’s Green and Sustainable Finance Cross-Agency Steering Group.

The chairman of Hong Kong’s Securities and Futures Commission (SFC) has revealed the regulator is looking to adopt global ESG standards to prevent cases of greenwashing.

The government of Hong Kong has revealed it has raised $3bn through the sale of green bonds denominated in US dollars and Euros.

The Hong Kong Monetary Authority (HKMA) has disciplined four banks due to anti-money laundering (AML) violations for a total imposed penalty of HKD$44.2m.

The Stock Exchange of Hong Kong (HKEX) has published guidance on climate disclosures as well as an analysis of corporate governance and ESG practice disclosure across 2020-2021.

The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.

The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.

Hong Kong’s Securities and Futures Commission (SFC) has published the conclusion of a consultation to amend its anti-money laundering and counter terrorism financing guidelines.

Cyberport has reached the next application stage for its FinTech Proof-of-Concept Subsidy Scheme, which could see companies given a total of HK 10m ($1.28m) in grants.

Hong Kong’s Securities and Futures Commission (SFC) will require fund managers to take climate-related risks into consideration in their future investment and risk management processes.