Hong Kong’s Securities and Futures Commission (SFC) launched the latest update on over-the-counter (OTC) derivatives regulation on May 15, amendments that include the suspension of daily valuation reporting and the lifting of record keeping obligations. The new regime will come into effect on July 10, 2015. After taking into account a market consultation conducted and completed by the end of December 2014, the securities watchdog released the announcement the scope of which included OTC derivat