[Hong
Kong] IFC and HKMA Showcase Best Practices in Sustainable Business and Climate
Finance at the IFC Climate Business Webinar
HKMA News, 15 Dec 2020
The Centre for Green Finance (CGF) under the
HKMA Infrastructure Financing Facilitation Office (IFFO) and the International
Finance Corporation (IFC), co-hosted the first IFC Climate Business Webinar
over the last two days (14-15 December). The event took place virtually in lieu
of the previously planned 6th Annual IFC Business Forum, an IFC flagship event
to discuss best practices in sustainable business and green banking. During the
IFC Climate Business Webinar, Mr. Eddie Yue, Chief Executive of the HKMA and
Mr. Vivek Pathak, IFC’s Director for East Asia and the Pacific, discussed the
recent launch of the Alliance for Green Commercial Banks.
Full text: click here
[Hong Kong] SFC licenses
first virtual asset trading platform
SFC News, 16 Dec 2020
The SFC announces that it has granted the
first licence to a virtual asset trading platform in Hong Kong. The platform is
licensed for Type 1 (dealing in securities) and Type 7 (providing automated
trading services) regulated activities. It will only serve professional
investors under the close supervision of the SFC and will be subject to
tailor-made requirements similar to those which apply to securities brokers and
automated trading venues.
Full text: click here;
T&C for Virtual Asset Trading Platform Operators: click here
[Hong Kong] Fifth Issue
of Regtech Watch
HKMA Circulars, 16 Dec
2020
HKMA published the fifth issue of Regtech
Watch which focuses on technology applications that can help maintain business
continuity and effectively respond to the various operational challenges
presented by the COVID19 pandemic.