According to the Hong Kong media East Network, CEO Liang Fengyi said that it is expected that another platform will be issued a license within the month. In terms of the proposed virtual asset development roadmap, Liang Fengyi pointed out that the development of virtual assets is not only licensed platforms, but also custody business, over the counter (OTC), etc. At that time, opinions from different units will be collected, and said that the current trading liquidity of virtual asset trading pl...
According to market news, the European Union will explore new financial instruments as Trump increases pressure to act.
Chow Fung-yee, chairperson of the Hong Kong Regulatory Technology Association, said that with the popularity of environmental, social and governance (ESG) in the market, investors may prefer products related to both ESG and digital assets, and some ETFs involving multiple asset classes will also be the target for investors, believing that they can help control risks. Investors lack a full understanding of the advantages of cryptocurrency assets, and their views may be somewhat negative, believin...
On October 28th, the central bank announced that the People's Bank of China has decided to use the open market buyout reverse repurchase operation tool from now on. The operation object is the primary dealer of the open market business, and the operation is carried out once a month in principle, and the period does not exceed one year. The open market buyout reverse repurchase uses fixed quantities, interest rate invite tenders, and multiple price points to win the bidding. The repurchase target...
On October 28th, the central bank decided to use the open market buyout reverse repurchase operation tool from now on. According to people close to the central bank, the central bank launched the buyout reverse repurchase operation tool on the basis of the existing tool, which is expected to cover 3 months, 6 months and other periods, enhance the ability of liquidity intertemporal adjustment within 1 year, and further improve the level of liquidity management. The central bank chose to launch a ...
Hong Kong Securities Supervision Commission Chief Executive Officer Liang Fengyi said that the test of the Ensemble project sandbox will focus on four themes: green and sustainable finance, trade and supply chain finance, fixed income and investment funds, and liquidity management. Among these four themes, the Hong Kong Securities Supervision Commission will co-lead the tokens related to the asset management industry under the fixed income and investment fund categories...
The Hong Kong Monetary Authority has issued a circular to banks and licensees of stored value facilities. Its Financial Action Task Force released the results of last month's plenary meeting, identifying jurisdictions with strategic deficiencies in their anti-money laundering, terrorist financing and arms proliferation financing regimes. The Hong Kong Monetary Authority said that the FATF has completed the fifth targeted review of the implementation of relevant anti-money laundering standards fo...