The HKMA has recently published updates to the requirements on SPM CR-S-4 “New Share Subscription and Share Margin Financing”, marking the first update to the SPM since its initial release in 2007. The guideline reflects changes made to previously published statutory requirements, as well as recent developments in the financial industry.
Read more on the key impacts to banks, what they should do to ensure compliance and how KPMG can help.
