Hong Kong

Crypto / Digital Assets

Samsung Asset Management Lists Hong Kong’s Third Crypto ETF

By Manesh Samtani | 16/01/2023

The ETF traded 92,550 units on its first day, compared to 1,435,800 units traded between CSOP’s two ETFs on their first day last month.

Crypto / Digital Assets

SFC Plans to Allow Retail Access to ‘Highly Liquid’ Crypto Assets

By Manesh Samtani | 12/01/2023

A consultation on retail trading will begin sometime in Q1. The SFC plans to start accepting applications for VASP licences in mid 2024.

ESG / Sustainability

Carbon Markets Crucial to Net Zero Goals – HKEX Chair

By Editors | 12/01/2023

Some obstacles and a lack of trusted marketplaces have stood in the way of wider adoption of carbon markets, says HKEX chair Laura Cha.

Crypto / Digital Assets

HK Lawmaker Proposes to Use e-HKD as Stablecoin for DeFi

By Sanday Chongo Kabange | 11/01/2023

LegCo member Wu Jiezhuang says using the CBDC as a government-backed stablecoin will help address virtual asset risks and enhance trust in Web3.

Fintech / Regtech

Hong Kong’s Regulatory Landscape for Data and Technology Risk

By Albert Yuen | 09/01/2023

Albert Yuen and Jasmine Yung at Linklaters discuss Hong Kong’s regulatory approach to technology risk and data security.

ESG / Sustainability

Hong Kong Raises $5.8b in Asia’s Largest Green Bond Issuance

By Editors | 09/01/2023

Hong Kong is the first government issuer in Asia to issue green bonds in three currencies concurrently, said Financial Secretary Paul Chan.

HKMA Raises Bar on Banks’ Complaints Handling Protocols

By Editors | 08/01/2023

Banks are expected to proactively make use of alternate dispute resolution channels when complaints cannot be resolved through their internal mechanisms.

AML / KYC

HKMA to Scale Up AML Efforts in 2023: Carmen Chu

By Bradley Maclean | 04/01/2023

Executive Director Carmen Chu discusses the actions the HKMA is taking to disrupt AML threats to Hong Kong, and technology initiatives that are making a difference.

Fintech / Regtech

Hong Kong Consults on Crowdfunding Regulatory Regime 

By Sanday Chongo Kabange | 03/01/2023

A Crowdfunding Affairs Office will be set up to centrally process and coordinate regulatory and administrative matters related to crowdfunding activities.