Securities and Futures Commission (SFC)
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On the move
Prop traders switching to Hong Kong hedge funds boost industry
Proprietary traders moving from banks to Hong Kong hedge funds has helped the industry turn a corner, say hedge fund market participants, and an SFC hedge fund report indicates the industry is bouncing back in Asia.
Navigating the nuances of ETFs
Navigating the nuances of ETFs
StanChart to repurchase HK$1.48bn of Lehman ELNs; regulatory probe continues
Standard Chartered has reached a resolution with the SFC and HKMA to repurchase HK$1.48 billion of equity linked notes issued by Lehman Brothers but admitted no liability related to mis-selling the notes. Regulators said the bank should have performed…
Wheatley to head UK Consumer Protection and Markets Authority
Martin Wheatley has been named head of the UK's Consumer Protection and Markets Authority, one of the two bodies that will be created in 2012 to replace the FSA. See link below for extended interview.
SFC fines fund promoter for unauthorised material, failure to disclose interests
Hong Kong SFC fines fund promoter
CBRC chief adviser Sheng brands financial engineering ‘a cancer’
Andrew Sheng, a veteran regulator who acts as a chief adviser to China’s top banking regulator, believes ‘creative destruction’ needs to take place when financial engineering goes beyond an optimal level, as it did in 2007-2008.
Martin Wheatley to leave Hong Kong's SFC
Wheatley plans departure from SFC
The pay and bonuses landscape
Caps and clawbacks
Martin Wheatley leaving the HK SFC next year
The SFC's first chief executive, Martin Wheatley, will leave the commission in the middle of next year.
Hong Kong's SFC hands lifetime ban to jailed asset manager
Hong Kong managing director of Crown Asset Management banned from industry for life
Hong Kong Securities and Futures Commission details flexibility on safe harbour rules
Structured products issuers in Hong Kong can use safe harbour exemptions if they distribute to professional investors with care and document their methodology accordingly, according to Martin Wheatley, chief executive of Hong Kong regulator the…
Product suitability top concern for Asia op risk managers
A suitable ploy
Asia providers on best behaviour for new regulatory regime
A change of regime
HKMA offers guidance on synthetic ETFs
HKMA offers guidance on synthetic ETFs
Stricter regulation possible for Ucits hedge funds
French seeking to apply stricter rules to funds using complex investment strategies, claim Cesr support
Cost of op risk failings rising
Outlook: fines
Hong Kong regulators warn market about synthetic ETFs
Hong Kong regulators have sent reminder letters and circulars on the business operations surrounding products denominated in renminbi and synthetic exchange-traded funds.
Best in Hong Kong
Structured Products Asia Awards 2010
Property derivatives fail to offer hedge options against price collapse
The development of a property derivatives market in Asia stalled during the financial crisis of 2007-2008 and has failed to regain any real momentum, presenting a gloomy outlook for the business. But some parties believe the introduction of retail…
DBS Bank agrees compensation for Hong Kong Lehman notes
Securities and Futures Commission accuses DBS of inappropriately selling high-risk products to low-risk profile investors
Hong Kong Structured Products Bill ready for first reading
The introduction in Hong Kong of the new laws for structured products took one step closer with the announcement of a first reading for the bill on July 14. A lengthy consultation period that followed the creation of the first draft of proposals has…
Desperately seeking a benchmark
The market for exchange-traded funds in Asia has been slow to develop. A regional benchmark ETF is still lacking, while the promise of high-volume trading in products cross-listed from Europe and the US has yet to materialise. Richard Jory reports from…