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AML / KYC
DBS Hong Kong Launches Anti-Scam Team to Contain Fraud Threat
By Manesh Samtani | 01/08/2025
The bank has established a 24/7 team to combat authorised payment scams in Hong Kong, mirroring the model used by its Singapore parent to safeguard the interests of the bank’s customers.

Crypto / Digital Assets
Hong Kong Confirms Plans to Expand Family Office Tax Breaks
By Manesh Samtani | 01/08/2025
The expanded tax breaks will cover transactions in digital assets, emission derivatives/allowances, insurance-linked securities, loans, and private credit investments.

Hong Kong AFRC Flags Audit Fee Pressure and Hasty Appointments
By Sanday Chongo Kabange | 31/07/2025
The AFRC reports some improvement in audit quality but warns that intense competition and fee undercutting are creating significant risks for the profession.

Capital / Liquidity
APAC Regulators Urge Timely FRTB Implementation in Europe, US
By Blake Evans-Pritchard | 31/07/2025
Regulators in Asia worry about the harm divergent implementation timetables cause to their banks.

Enforcement
Ex-chair of Listed Firm Surrenders to Hong Kong's ICAC After 14 years
By Sanday Chongo Kabange | 31/07/2025
Li Songxiao, former head of Neo-China, faces charges of conspiracy to defraud over HKD 330 million in property deals that allegedly inflated the company's assets.

Securities / Derivatives
BOCHK Joins Clearstream, Euroclear Network to Boost APAC Eurobond Access
By Editors | 30/07/2025
The appointment expands the international securities depository network, aiming to facilitate primary market activity from the start of the Asian business day.

ESG / Sustainability
Hong Kong SFC Calls for Rethink of 'Perfunctory' Director Training
By Sanday Chongo Kabange | 30/07/2025
The SFC's Chairman says tailored, group-based training is vital for board performance and to maintain the city's status as a global financial hub.

Crypto / Digital Assets
Hong Kong Sets Out Details for New Stablecoin Licensing Regime
By Sanday Chongo Kabange | 30/07/2025
The HKMA has finalised its new rules for stablecoin issuers, which will take effect from 1 August 2025, with the first licences expected in early 2026.

HKMA to Cut 2026 Budget, Freeze Hiring, Reports Say
By Sanday Chongo Kabange | 29/07/2025
The HKMA will reportedly reduce its operating budget by 5 percent and halt new hiring, aligning with broader government austerity measures.

Market Infrastructure
HKEX Revises Timeline for Upgrades to Core Derivatives Platforms
By Sanday Chongo Kabange | 29/07/2025
HKEX has set a new timeline for the HKATS and DCASS operating system upgrade, opening a testing environment for API users from early August.
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