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On 20 January 2009, the People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) signed a currency swap agreement which enables short-term liquidity support to be provided to the Mainland operations of Hong Kong banks and the Hong Kong operations of Mainland banks in case of need
On 31 March 2009, the HKMA issued a circular announcing that it will continue to conduct foreign-exchange swaps and term repo transactions under its market operations to provide Hong Kong-dollar liquidity assistance to licensed banks, if needed
On 28 April 2009, the SFC released a circular setting out that under the SFO a corporation which is either a participant of the Stock Exchange of Hong Kong Limited and is licensed for Type 1 regulated activities (dealing in securities) (Category One), or is a participant of the Hong Kong Futures Exchange Limited and licensed for Type 2 regulated activities (dealing in futures contracts) (Category Two), is required to take out and maintain insurance against specific risks for a specified amount, following the SFC’s approval of a master policy of insurance applicable to the relevant corporation
Amendments to the Securities and Futures (Levy) Order and the Securities and Futures (Investor Compensation Levy) Rules (Statutory Rules) came into effect on 12 July 2008 to facilitate the launch of new exchange-traded products with market-making facilities and to promote participation in the futures market
