News list for " Securities and Futures"
Hong Kong Securities Supervision Commission Chief Executive Officer Liang Fengyi said at the Consensus Forum that virtual assets can now enter the second stage, in this pro-growth strategy, first, Hong Kong will complete the legislation of virtual asset activities, second, will expand products and services, third will optimize the operation process, including hot wallet, cold wallet regulations, and adjust custody requirements and insurance requirements, will be reviewed in terms of compliance a...
On February 19, the Hong Kong Securities Supervision Commission approved another virtual asset trading platform license, the latest being the virtual asset trading platform Bullish, which increased the number of licensed virtual asset trading platforms in Hong Kong to 10. Liu Dehao, senior vice president and head of global sales at Bullish, said in an interview with this newspaper earlier that Hong Kong is an important business point, and there are currently more than 100 employees in Hong Kong,...
Ip Chi Heng, Executive Director of the Intermediaries Department of the Hong Kong Securities Supervision Commission, is expected to announce the virtual asset development roadmap within this month. In addition to explaining the development principles, the roadmap will also mention the short-term expectations of the Securities Supervision Commission and the scope of market research, as well as the areas that platform participants hope to optimize. In addition, the focus of the virtual asset roadm...
On February 14, the reporter learned that at the meeting of the Shenzhen-Hong Kong Financial Cooperation Committee held in Qianhai, Shenzhen on February 13, Hong Kong Secretary for Financial Services and the Treasury Xu Zhengyu said that in order to meet the need to expand overseas business, including the Greater Bay Area enterprises in Hong Kong financing, Hong Kong has optimized the listing approval process, the Hong Kong Securities Supervision Commission and the Hong Kong Stock Exchange are o...
The Hong Kong Securities Supervision Commission has reportedly warned the public to beware of an unlicensed virtual asset trading platform called International Standard Carbon Assets Technology Co., Limited, also known as "iSCAT" or "iSCAT Exchange." The Securities Supervision Commission said that "iSCAT" and/or "iSCAT Exchange" claimed to be a company that had operated in Hong Kong...
The Hong Kong Securities Supervision Commission has reportedly warned the public to beware of an unlicensed virtual asset trading platform called International Standard Carbon Assets Technology Co., Limited, also known as "iSCAT" or "iSCAT Exchange." The Securities Supervision Commission said that "iSCAT" and/or "iSCAT Exchange" claimed to be a company that had operated in Hong Kong...
Five providers of ESG ratings and data products have indicated they will sign up to the voluntary code, which was launched last month and covers four areas: good governance, systems and controls, conflict of interest management and transparency, RTHK's website reported on November 29. Liang Fengyi pointed out that although the Securities Supervision Commission does not directly regulate ESG information providers, it expects to improve the fairness and fairness of data collection through the code...
Chan Chi-wah, president of the Hong Kong Securities and Futures Federation, proposed six key points for Hong Kong to enhance the virtual asset sector, including: Relaxing the participation restrictions for mainland residents and allowing more mainland residents to participate in Hong Kong's virtual asset market, which will introduce a large amount of capital and technology, enhance the vitality and liquidity of the market, and expand Hong Kong's influence as a financial center. In a recent case ...
Virtual assets are now at the top of every financial regulator's agenda, said Dr. Ip Chi Heng, executive director of intermediaries at the Securities Supervision Commission in Hong Kong. Three virtual asset trading platforms have been licensed in Hong Kong and 15 applications are being processed. Investors can expect more licensed platforms to comply with the Securities Supervision Commission's robust investor protection measures.
Hong Kong Securities Supervision Commission Chief Executive Officer Leung Fung-yee said at the Wealth Management Summit that after the cross-border wealth management link and ETF link further expand the sales network of Hong Kong funds in the mainland, measures to further relax the mutual recognition arrangement between the mainland and Hong Kong funds may be further relaxed before the end of the year. She also stressed that the regulation of virtual assets is to regulate products rather than te...
