RegStream

The second phase of the enhancement measures of the Deposit Protection Scheme (DPS) will come into effect tomorrow (1 January 2025), following the implementation of the first phase on 1 October 2024. 1 The enhancement measures that will come into effect tomorrow include:   providing enhanced coverage to affected depositors upon a bank merger or acquisition; and   requiring Scheme members to display the DPS membership sign on their electronic banking platforms. Ms Connie Lau Yin-hing, ...

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public in Hong Kong that: Saqs Investment as referred to on the website of https://www. saqsinvestment. com/ does not have the Monetary Authority (MA)’s authorization under the Banking Ordinance (the Ordinance) to carry on banking business, or the business of taking deposits, in Hong Kong; and it does not have the approval of the MA to establish a local representative office in Hong Kong under the Ordinance. Given ...

The Hong Kong Monetary Authority (HKMA) has completed its annual assessment of the list of Domestic Systemically Important Authorized Institutions (D-SIBs). Based on the assessment results, the list of authorized institutions designated as D-SIBs remains unchanged compared to the list of D-SIBs published by the HKMA on 29 December 2023. The latest list of D-SIBs is shown in the Annex. Under the D-SIB framework, each of the authorized institutions designated as a D-SIB will be required ...

Primary public debt market

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Primary public debt market

Date: 30 December 2024 Enhancing Data Security – Privacy Commissioner’s Office Collaborates with HKIRC to Launch a New Episode of Promotional Video  To assist organisations in raising employees’ awareness of cyber security and personal data protection, the Office of the Privacy Commissioner for Personal Data (PCPD) and the Hong Kong Internet Registration Corporation Limited (HKIRC) have jointly launched a series of promotional videos to provide relevant guidance an...

Date: 30 December 2024  Re-Appointment of a Member to the Standing Committee on Technological Developments of the Privacy Commissioner’s Office The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, today announced the re-appointment of Dr Alan CHEUNG as a member to the Standing Committee on Technological Developments (SCTD) of the Office of the Privacy Commissioner for Personal Data for a term of two years from 1 Janu...

STATEMENT | DECEMBER 27, 2024 Statement by Director Jonathan McKernan on Monitoring the Passivity of Index Fund Complexes: Vanguard’s New Passivity Agreement The passivity agreement entered into by Vanguard today should enable the FDIC to address, with respect to Vanguard, the concerns I raised i...