An Overview of the Hong Kong and Singapore Regulatory Framework for Derivatives

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Registration fee

Member
Non-Member

Early
US$275.00
US$325.00

Regular
US$350.00
US$400.00

This event will look at the Hong Kong and Singapore regulatory framework applicable to derivatives, including the licensing requirements and the rules governing clearing, margining and reporting of derivatives.

This course would be relevant to market participants looking to become familiar with the laws and regulations applicable to carrying on derivatives business as well as the regulatory aspects of trading in derivatives.

Registration for this event will close 2 hours before the live broadcast

This is an ISDA Virtual Conference:

Event will be live on January 22, 2025 from 9:00 AM – 12:20 PM HKT/SGT | Timezone Converter
Miss part of the event or aren’t able to watch live? The recording will be available to registrants until February 22, 2025

Educational Credits

3.5 CLE Credit Hours (New York) Available – Transitional and Non-Transitional

3.5 CPE Credit Hours (NASBA) Available

3 CPD Credit Hours (England and Wales) Available

ISDA is recognized by the Securities and Futures Commission (“SFC”) as an approved Continuous Professional Training (“CPT”) course provider. Please click here for more information on SFC’s Guidelines on CPT.

This event is pending SILE accreditation.

Public CPD Points: 3 (TBC)
Practice Area: Banking and Finance
Training Level: Intermediate

Participants who wish to obtain CPD Points (SILE) are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.

Tags: Asia-Pacific, Clearing, Derivatives, Margin, Regulatory, Reporting, Trading

Agenda

Wednesday, January 22, 2025

Print Agenda

9:00 AM Welcoming Remarks Sonal Pattnayak

Sonal Pattnayak, Counsel, Asia Pacific, ISDA

9:05 AM Singapore Regulatory Regime for Derivatives Covering Licensing, Clearing, Margining and Reporting Francis Mok, Catherine Neo

Licensing requirements for derivatives
- Definition of “derivatives contracts”
- Distinguishing between derivatives and other regulated products, such as securities and deposits/structured deposits/dual currency investments
- Licensing exemptions for dealing in derivatives contracts, including the exemption framework for foreign offices/related corporations
- Licensing of commodity trading under the Commodity Trading Act
- Licensing of exchanges/markets; distinguishing between dealing in derivatives and operating a market for derivatives

Key conduct of business requirements for derivatives
- Client money/asset requirements
- Confirmations/statements of account
- Risk disclosure requirements
- Risk mitigation requirements

Francis Mok, Partner, Allen & Gledhill LLP
Catherine Neo, Partner, Allen & Gledhill LLP

9:50 AM Break

9:55 AM Singapore Regulatory Regime for Derivatives (Continued)

Mandatory reporting of OTC derivatives to the Trade Repository: scope, requirements and exceptions
Mandatory margining of OTC derivatives: scope, requirements and exceptions
Mandatory clearing of OTC derivatives: scope, requirements and exceptions
Mandatory trading of OTC derivatives: scope, requirements and exceptions

10:40 AM Break

10:45 AM Hong Kong Regulatory Regime for Derivatives Covering Licensing, Clearing, Margining and Reporting Francis Edwards, I-Ping Soong

The speakers will cover the following topics with respect to OTC derivatives in the main asset classes, namely FX, IRS, equity, credit and will also consider new asset classes such as voluntary carbon credits and digital assets.

Definition of OTC derivatives product
Licensing and the consequences of carrying out regulated activity:
- The existing regulated activities under the Securities and Futures Ordinance: dealing in securities, advising on securities, dealing in futures, and leveraged foreign exchange trading
- Application to derivatives and exceptions.
- The new regulated activities (not yet in force): Type 11 regulated activity (dealing in OTC derivative products) and Type 12 regulated activity (provision of clearing and settlement services)
- Interaction between existing and new regulated activities
- Price taker and other exceptions to Type 11
Other licences relevant to derivatives
Mandatory clearing of OTC derivatives: scope, requirements and exceptions
Mandatory margining of OTC derivatives: scope, requirements and exceptions
Mandatory reporting of OTC derivatives to the Hong Kong Trade Repository: scope, requirements and exceptions

Francis Edwards, Partner, Head of Derivatives and Structured Finance, Greater China, Clifford Chance
I-Ping Soong, Partner, Capital Markets, Linklaters

11:30 AM Break

11:35 AM Hong Kong Regulatory Regime for Derivatives (Continued)

12:20 PM Conference Concludes

Agenda is subject to change.

Speakers

Francis Edwards

Partner, Head of Derivatives and Structured Finance, Greater China

Clifford Chance

Clifford_Chance

Francis Mok

Partner

Allen & Gledhill LLP

Catherine Neo

Partner

Allen & Gledhill LLP

Sonal Pattnayak

Counsel, Asia Pacific

ISDA

ISDAConferences

I-Ping Soong

Partner, Capital Markets

Linklaters

Pricing

Registration fee is for one person to attend the entire event. Pass may not be split between multiple attendees.
Groups of three or more attendees from the same firm can receive a 20% discount on event registrations. To register your group, please email conferences@isda.org

Member US$350.00

Non-Member US$400.00

Course Level

Intermediate

The course level is intermediate. Some knowledge of derivatives documentation is assumed. No advance preparation is required.

Accreditation

ISDA is an accredited provider of continuing education credits by the following organizations:

ISDA has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the state of New York.
ISDA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors: 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org

Contact

For general questions, including exhibition/sponsorship opportunities, conference topics or location suggestions contact us: conferences@isda.org | +1 212-901-6000