Community

Join the Community

23,430
Expert opinions
42,388
Total members
319
New members (last 30 days)
182
New opinions (last 30 days)
29,120
Total comments
Join Sign in

Implementation of OTC derivative reporting regime in HK

  0 Be the first to comment
Retired member
Unfollow

The Financial Services and the Treasury Bureau (FSTB) has published a Bill to provide a regulatory framework for the over-the-counter (OTC) derivatives market in Hong Kong.  The Bill details:

  • mandatory reporting, clearing and trading obligations;
  • the establishment and regulation of the infrastructure through which the mandatory obligations will be fulfilled (e.g. CCPs); and
  • provisions for the regulation and oversight of key players in the OTC derivatives market, i.e. authorised institutions, approved money brokers, licensed corporations and other persons to be prescribed by subsidiary legislation.

The FSTB has given notice to present the Bill to the Legislative Council for its first reading on 10 July 2013.

 Related Link:

http://www.legco.gov.hk/yr12-13/english/bills/brief/b21_brf.pdf

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

3206
 

Share

 
 
 
 
 
 

Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

Join group

569 opinions 68 members

Comments: (0)

More expert opinions

Srbuhi Avetisyan

Srbuhi Avetisyan Marketing and Communications Manager at Owner.One

The Compliance Burden of the Great Wealth Transfer: Why Financial Institutions Must Prepare Now

Parminder Saini

Parminder Saini CEO at Triple Minds

Real-Time Payments and the Future of Cross-Border Transactions: What Businesses Need to Know

Steve Marshall

Steve Marshall Director of Advisory Services, at FinScan

Embedded Insurance, AI, and the Compliance Gap

Ruchi Rathor

Ruchi Rathor Founder at Payomatix Technologies

Winning the Fintech Talent Game: How to Attract and Keep the Best

See all opinions

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Join the Community

23,430
Expert opinions
42,388
Total members
319
New members (last 30 days)
182
New opinions (last 30 days)
29,120
Total comments
Join Sign in

Trending

Galong Yao

Galong Yao CGO at Bamboodt

Alipay Tap: How Alipay’s New NFC Experience Is Redefining Offline Payments in China

Alex Kreger

Alex Kreger Founder and CEO at UXDA Financial UX Design

AI Becomes the Banker: 21 Case Studies Transforming Digital Banking CX

Anjna McGettrick

Anjna McGettrick Global Head of Strategy Implementations at Onnec

Building the Backbone: Future-Proofing Fintech Infrastructure for the Next Decade

Nkahiseng Ralepeli

Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.

Tokenised Stocks: What They Are, What They Aren't, and Why They Matter

Now Hiring

All companies

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept