Hong Kong seeks to improve risk management measures

The defaults of Lehman Brothers’ entities prompted HKEx to enhance the robustness of its risk management measures and to bring them into line with international standards, said HKEx Chief Executive Charles Li.

HKEx has reviewed its clearing houses’ risk management with particular focus on stress testing assumptions and whether there are sufficient financial resources to support the long-term growth of its securities and derivatives markets. It has published a consultation paper seeking views on reforming the risk management framework.

The review was conducted with reference to the main international standards setting bodies, the Technical Committee of the International Organisation of Securities Commissions and the Committee on Payment & Settlement Systems.

“We placed great emphasis in ensuring our proposals are fair, sustainable and meet or exceed international standards. We have also taken into consideration the characteristics and historical volatility of our markets,” Mr Li said.

Also Read

Asian equity markets hold up against the US

Why cash-rich corporates won't be a huge headache to private equity this year

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit