Hong Kong’s SFC unveils regtech sandbox

Hong Kong’s Securities and Futures Commission (SFC) has launched its SFC Regulatory Sandbox to provide a place for firms to test out their ideas. Like other regulators, the SFC says: “For the sake of market integrity and better investor protection ... ( read original story ...)

Bank watchdogs in final reform effort as fatigue sets in

Trump’s Treasury Secretary Steven Mnuchin has recommended delaying new global bank trading book rules, a step Australia, Hong Kong and Singapore are also taking - and the European Union is resisting, potentially fragmenting standards for a period. ( read original story ...)

Thousands pour into Hong Kong roads in protest

Hong Kong — Tens of thousands marched in China-ruled Hong Kong on Sunday in an "anti-authoritarian rule" march that called for the resignation of the city’s top legal official over the recent jailing of young democracy activists. The march, an annual ... ( read original story ...)

Mark Tucker wastes no time choosing next HSBC chief

“Retail banking is good when it’s deep like in Hong Kong or the UK, but not when you are spread too thinly. He is likely to look at this with a slightly sharper pencil.” HSBC has done more than 80 disposals in seven years, exiting consumer banking ... ( read original story ...)