Hong Kong

Securities / Derivatives

LME Approves More HK Warehouses as City Seeks Commodity Trading Boost

By Manesh Samtani | 22/05/2025

LME approves three new warehouses in Hong Kong as city aims to become a key commodity hub with tax incentives.

Fintech / Regtech

HKMA Links Commercial Data Interchange to Land Registry

By Sanday Chongo Kabange | 22/05/2025

The linkage allows banks to search land and ownership information for property valuation, mortgage and loan assessments.

AML / KYC

HK Police Busts Cross-Border Money Laundering Syndicate

By Sanday Chongo Kabange | 22/05/2025

HKPF arrested 10 suspects linked to a money laundering operation involving stooge accounts in Hong Kong and Mainland China.

AML / KYC

SFC Alerts Public to Phishing Texts Targeting Brokerage Clients

By Sanday Chongo Kabange | 22/05/2025

Phishing texts are tricking Hong Kong investors into revealing personal data, leading to financial losses, warns the SFC.

AML / KYC

SFC Imposes 5-Month Ban on Former Lion Futures Director

By Sanday Chongo Kabange | 22/05/2025

The SFC banned a former MIC for five months over his role in Lion Futures’ failure to comply with AML/CFT requirements between 2017 and 2019.

Crypto / Digital Assets

Hong Kong Legislative Council Passes Stablecoin Ordinance

By Sanday Chongo Kabange | 21/05/2025

The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.

Market Infrastructure

Hong Kong, Shenzhen Launch First GBA Indexes

By Sanday Chongo Kabange | 21/05/2025

The indexes will comprise constituents listed on the SZSE as well as HK-listed securities eligible for trading under Stock Connect.

AML / KYC

HKUST Announces New Academic Programme Dedicated to Financial Crime

By Manesh Samtani | 21/05/2025

HKUST partners with KPMG, Griffith University to launch Asia’s first financial crime and forensic accounting master’s programme.

Fintech / Regtech

HKMA Partners with Transport Bureau to Boost Trade Finance

By Sanday Chongo Kabange | 20/05/2025

Banks will gain access to real-time cargo status data, enabling them to assess clients’ operational performance more effectively.