Hong Kong

Enforcement

SFC Revokes Licences, Issues Lifetime Bans in $154M Fraud Case

By Editors | 29/08/2025

The SFC has banned senior managers for life over a coordinated scheme that misappropriated client funds through non-existent investment units.

Enforcement

HK AFRC Fines Deloitte HKD 1.9M in Landmark Mainland China Data Case

By Editors | 29/08/2025

The action against Deloitte and two partners, part of a wider crackdown, marks the first case using audit papers obtained via a cross-border pact with China.

Securities / Derivatives

HK SFC Fines Deutsche Bank $3 Million for Regulatory Breaches

By Editors | 29/08/2025

The fine covers an eight-year period and includes overcharging clients, incorrect risk ratings, and failure to disclose conflicts in research.

Enforcement

Hong Kong Police Arrest 29 in Anti-Loan Sharking Crackdown

By Sanday Chongo Kabange | 28/08/2025

Since mid-May, four coordinated operations have seen dozens arrested, including minors, for predatory lending and "excessive interest rates".

Enforcement

SFC Reaffirms “Uncompromising” Approach Towards Criminal Syndicates

By Sanday Chongo Kabange | 27/08/2025

SFC Chairman Kelvin Wong outlined a series of enforcement and governance measures aimed at tackling criminal syndicates and safeguarding market integrity.

Fintech / Regtech

HKMA Adds 'Deepfake' Guidance to E-Banking Security Framework

By Sanday Chongo Kabange | 27/08/2025

The HKMA has expanded its e-banking security framework, adding a new component to tackle deepfake risks and detailing specific verification and customer education practices.

Enforcement

SFC Fines HSBC HKD 4.2m for Research Disclosure Breaches

By Sanday Chongo Kabange | 26/08/2025

The SFC cited years of systemic data and control deficiencies that led to thousands of incorrect disclosures in investment research reports.

Fintech / Regtech

Hong Kong to Create Mainland Data Flow Mechanism in AI Push

By Sanday Chongo Kabange | 26/08/2025

Financial Secretary Paul Chan has announced plans for secure cross-border data transfer as HKIC launches new AI talent initiatives.

Securities / Derivatives

Hong Kong Launches Enhanced Arrangements for RMB Bond Repo

By Manesh Samtani | 26/08/2025

The new arrangements allow re-use of Chinese bond collateral and facilitate cross-currency trades saw over CNY 3 billion in transactions on debut.