Download or read book Financial Markets in Hong Kong written by Douglas Arner and published by Oxford Legal Research Library. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the first edition in 2006, financial regulation around the world has changed dramatically as a result of the 2008 global financial crisis. As one of the world's leading financial centres, international regulatory reforms have had a significant impact on the legal and regulatory system in Hong Kong. This new second edition provides a comprehensive and authoritative single-volume guide to the main areas of financial regulation and financial law in Hong Kong. Given the massive changes in financial regulation globally and in Hong Kong, the second edition has been substantially rewritten and revised to address changes in markets and their legal and regulatory frameworks, as well as the implications of these changes to future market development. The book is in five parts: The first part considers the evolution of Hong Kong's role as a financial centre and the development of its financial regulatory structure, one that is perhaps unusually complex given the size of the jurisdiction. The second part discusses the regulation of the banking, securities, insurance sectors, including the regulatory powers of the Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission of Hong Kong (SFC), the Office of the Commissioner of Insurance (OCI), and the forthcoming Independent Insurance Authority (IIA). The third part covers regulation of financial products and services, including securities offerings and listings, investment products and asset management, financial derivatives, and takeovers and mergers. The fourth part addresses market conduct and misconduct, including corporate governance, market abuse and financial crime. Finally, the fifth part examines the international context, focusing on the relationship between Hong Kong's financial markets and regulation and mainland China as well as key issues for Hong Kong's role as a major global financial centre.
Download or read book The Financial Markets of Hong Kong written by Andrew F. Freris and published by Routledge. This book was released on 2018-10-26 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial markets of Hong Kong have a reputation for volatility, but careful analysis of past behaviour reveals consistent trends and coherent actions. This study, first published in 1991, at a time of uncertainty before Hong Kong’s transfer to China in 1997, analyses each of the financial markets in the colony, and explains the activities of banks, deposit-taking companies, the stock exchange, and markets in capital, gold, futures, unit trusts, and foreign exchange. Examining these in terms of structure, regulation and in competition, it constitutes not just a description but a thorough analysis of the characteristic dynamics of each market.
Download or read book Finance Rule of Law and Development in Asia written by Jiaxing Hu and published by BRILL. This book was released on 2016-04-26 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial markets of Hong Kong and Singapore are leading examples in Asian financial development and regulation. Shanghai, which is developing its Free Trade Pilot Zone, is equally aiming to incorporate a sophisticated service market in order to upgrade, reform and reinvigorate the current economic model of development in China in the aftermath of the global financial and economic crisis. Streamlining administrative regulation is a precondition for its financial market to find root and play a central role in Asia and beyond. Finance, Rule of Law and Development in Asia offers a contextualized approach to the economic and political realities within Asian financial markets, especially in these three different jurisdictions. The volume adopts a comparative and precise account on the prospects and challenges in further developing these financial centres.
Download or read book The Regulation of Hong Kong Financial Markets written by Ian Hay Davison and published by . This book was released on 1988 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Markets in Hong Kong written by Douglas W. Arner and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This work provides an introduction to the financial markets in Hong Kong and its relationship with China as a whole. It sets out the regulatory framework in Hong Kong and covers issues from new legislation to the accession of China to the WTO.
Download or read book Financial Markets in Hong Kong written by Chee-Keong Low and published by . This book was released on 2000-07 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Markets in Hong Kong is a unique guide to the workings and the legal framework governing all aspects of Hong Kong's financial markets. Drawing upon the extensive experience of its contributors to present a lucid insight into the intricacies of the matrix behind the functioning of financial markets, it is possibly the only book to cover the spectrum ranging from a discussion on the regulatory framework to the various measures implemented to facilitate the further development of the markets to the important role assumed by professional advisers. Given the width of coverage, its clarity and readability, it will prove to be the ideal reference text for those with an interest in the financial sector of Hong Kong. Contributors include Templeton Asset Management Limited, Hong Kong; Standard & Poor's, Hong Kong; Ernst & Young, Hong Kong; Arthur Anderson & Co., Hong Kong; The Hong Kong Monetary Authority, among others.
Download or read book People s Republic of China Hong Kong Special Administrative Region Financial Sector Assessment Program Technical Note Regulation and Supervision of Secondary Markets written by International Monetary and published by International Monetary Fund. This book was released on 2021-06-15 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong SAR has, over the recent years, become an equity trading hub catering to domestic and foreign investors, including increasingly to investors from Mainland China. Most trading is conducted on markets operated by recognized exchange companies, with limited domestic trading happening via automated trading services (ATS) providers in the form of alternative liquidity pools. The introduction of Stock Connect in 2014 enabled investors from Hong Kong (including domestic and foreign) to directly invest in the Shanghai and later Shenzhen markets and investors from the Mainland to directly access the Hong Kong market. Trading via Stock Connect has seen a steady rise over the last few years, increasing the linkages between Hong Kong SAR and the Mainland. Mainland companies currently account for over 60 per cent of market capitalization of the equities traded on the Stock Exchange of Hong Kong (SEHK).
Download or read book A Regulatory Design for Financial Stability in Hong Kong written by Evan Gibson and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Throughout Hong Kong's history, financial markets and their regulation have evolved with financial crises. Every significant financial crisis in Hong Kong has pivoted on liquidity in either or both the banking and monetary systems. Accordingly, liquidity support has played a prominent and critical role in managing Hong Kong's financial stability. From the beginning, the lender of last resort was the primary means of managing banks' liquidity and solvency, with funding being sourced from the private sector. Although the government has assumed this role over the past 30 years, there is yet to be a need for this support. With the modernization of financial markets, banks have become susceptible to funding and market liquidity. These liquidity risks were exemplified in the 2008-9 global financial crisis (GFC) and resurfaced, to a lesser extent, at the beginning of the Covid-19 pandemic"--
Download or read book Hong Kong s Financial Institutions and Markets written by Robert Haney Scott and published by Oxford University Press, USA. This book was released on 1986 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comprehensive study of Hong Kong's financial markets and institutions, this book takes a detailed look at the monetary policy, international financial relations, and government regulation of this efficient open economy.
Download or read book The Hong Kong Financial System written by Simon S. M. Ho and published by Oxford University Press, USA. This book was released on 2004 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive and up-to-date description of the financial system of Hong Kong, a system which has undergone immense changes in recent years. The book, written by scholars and profesionals in the finance sector, covers all aspects of the financial system--commercial banking and non-depository institutions, the major financial markets, monetary policy, international financial relations, and information technology.
Download or read book A Financial Centre for Two Empires written by David C. Donald and published by Cambridge University Press. This book was released on 2014-06-19 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a case study of legal transplant, economic development, cultural adaptation and political integration. Hong Kong's journey from British entrepôt to China's international financial centre is one of the most interesting legal stories of our time. But Hong Kong's future is even more interesting: will this region with British-origin institutions survive full integration into China and become its permanent international financial centre? Does Hong Kong have the legal infrastructure to compete effectively with Shanghai and Singapore, and even New York and London? A Financial Centre for Two Empires presents Hong Kong's story, examines its corporate economy and securities market, assesses its corporate, securities and tax laws for doctrinal soundness and appropriate remedies, and evaluates the quality of their enforcement empirically. It closes with a view of Hong Kong from the perspective of developments in Beijing and Shanghai, including an examination of the important political dimension.
Download or read book The Hong Kong Financial System written by Yan-ki Ho and published by Oxford University Press, USA. This book was released on 1991 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive and up-to-date description of the Hong Kong financial system, a system that has undergone immense change in recent years. Written by scholars and professionals in the finance sector, the book covers all aspects of the financial system--commercial banking and non-depository institutions, the major financial markets, monetary policy, international financial relations, and information technology.
Download or read book Hong Kong s Financial Institutions and Markets written by Robert Haney Scott and published by Oxford University Press, USA. This book was released on 1986 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong's unique history and development have created an efficient open economy in which a plethora of financial institutions and markets flourish, making Hong Kong one of the world's leading financial centers. The first comprehensive study of these institutions, this book also examines such related issues as monetary policy, international financial relations, and the control and regulation of the financial sector.
Download or read book Front Matter for written by Shen Wei and published by . This book was released on 2015 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hong Kong is one of the world's financial powerhouses. Its capital market is the second largest in Asia and 8th largest in the world, in terms of total capitalization. Indeed, these statistics under-state the importance of Hong Kong's capital markets. The stock exchanges in Hong Kong and Shanghai combine to give the People's Republic of China two of the three leading exchanges in Asia and two of the important exchanges in the world. Moreover, Hong Kong is the spearhead of China's effort to open and regulate its capital markets. The economy of both China and the world will be materially affected by China's success in further developing and regulating Hong Kong's financial markets. The book of In Investor Protection in Capital Markets - The Hong Kong Case, provides an illuminating and comprehensive examination of the institutions and regulations governing Hong Kong's capital markets. The book offers an in-depth analysis of the regulation of and parties operating within Hong Kong's market that should be invaluable to all interested in this important market: research scholars, business men, legal practitioners, and institutional and individual investors alike. Hong Kong's markets initially developed in a laissez faire legal environment. This is no longer the case. The book leads the reader on a fascinating journey through the interlocking institutions and regulations aimed at protecting investors, largely through both mandated disclosure and liability for those who make material misstatements or engage in other misconduct.
Download or read book People s Republic of China Hong Kong Special Administrative Region Financial Sector Assessment Program Technical Note Insurance Sector Regulation and Supervision written by International Monetary and published by International Monetary Fund. This book was released on 2021-06-15 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note provides an update and assessment of developments in insurance supervision since 2014. It is part of the 2020 Financial Sector Assessment Program (FSAP) for the Hong Kong SAR (HKSAR) and draws on discussions there from September 10 to 24, 2019. It has not been updated for the impact of recent global events associated with the COVID-19 pandemic. The insurance sector is large, especially long-term (life) insurance, highly international and has been growing steadily. The long-term market is amongst the world’s largest, particularly by penetration (premiums to GDP). Growth has been supported by the popularity of savings products, including sales of policies to Mainland Chinese visitors (MCVs), although these have declined from their peak. The general insurance sector, though comprising many more companies, is relatively small and spread over many lines. The authorities have identified scope for growth in protection policies as well as opportunities for captive and specialty lines related to China’s Belt and Road Initiative. Tax incentives have supported the recent successful introduction of new annuity and health insurance products. Although foreign-owned companies account for a large share of business, the HKSAR is the home of three major domestic groups operating internationally.
Download or read book Outlook for the Financial Markets of Hong Kong written by Kotaro Yamazawa and published by . This book was released on 1992 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
