The Monetary Authority suspends Sit Wai Hong for three years

The Hong Kong Monetary Authority will make insurance agents at banks reveal to clients, in writing, the amount of compensation they will receive from the sale of insurance-linked investments. The measure will take effect at the end of

The Hong Kong Monetary Authority has expanded an investigation into possible misconduct linked to the city's benchmark rate to HSBC Holdings Plc (HSBA) and other lenders, after first focusing on UBS AG. (UBSN) "Apart from UBS, the HKMA have since ...

Central Piers, Hong Kong. The Hong Kong Monetary Authority is looking into just how far possible manipulations of its Hong Kong Interbank Offered Rate stretches. The

The Hong Kong Monetary Authority says its investigation into possible benchmark interest rate manipulation has been extended to include HSBC and a number of other banks. In December, the authority said it was investigating UBS about possible ...

Statistics from the Hong Kong Monetary Authority (HKMA) show that foreign exchange fund has had HKD 2.9705trn in assets as of April 30, 2013, up HKD 84.4bn from the prior month. Foreign currency assets grew HKD 36.6bn in the month and Hong Kong ...

As total deposits inched 1.5% higher. According to the Hong Kong Monetary Authority, total deposits with authorised institutions rose 1.5% in April with a 0.7% rise in Hong Kong-dollar deposits. Overall foreign-currency deposits grew 2.2% during the ...

HONG KONG, May 31 (Xinhua) -- Total deposits with authorized institutions of Hong Kong rose 1.5 percent in April with a 0.7 percent rise in Hong Kong-dollar deposits, the Hong Kong Monetary Authority announced Friday. Overall foreign-currency ...

Mortgage loans approved in April were down 25.1% month-on-month to $16.2 billion, the Monetary Authority announced today. In its residential mortgage survey results for April, the authority said mortgage loans drawn down in April dropped 19.4% ...

May 22nd 2013 - The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly issued today (May 22) a public consultation paper to propose enhancing the regulatory regime for stored value facilities (SVF) ...