Hong Kong

Capital / Liquidity

Hong Kong Phase 2 Enhancements to Depositor Protection Scheme

By Editors | 04/01/2025

The measures provide enhanced coverage to affected depositors upon a bank merger or acquisition

Fintech / Regtech

HKMA Calls on Banks to Participate in Cyber Intelligence Platform

By Sanday Chongo Kabange | 03/01/2025

The HKMA welcomed enhancements to the Platform announced by HKAB and called on banks to actively participate in the initiative.

Capital / Liquidity

HKMA Finalises Guidance, Reporting Form for CCyB Framework

By Editors | 02/01/2025

Reporting institutions should submit the revised return form starting from the reporting position as of 31 March 2025.

Enforcement

SFC Fines Ever-Long Securities for IPO Sponsor Failures

By Editors | 30/12/2024

The SFC said Ever-Long Securities failed to perform appropriate due diligence and make complete disclosures in a GEM listing application.

Market Infrastructure

SFC, HKMA Issue Revised Derivatives Reporting Guidance

By Editors | 30/12/2024

Revised FAQs and Supplementary Reporting Instructions have been issued to reflect changes taking effect on 29 September 2025.

Market Infrastructure

Hong Kong Gazettes Bill for New Company Re-domiciliation Regime

By Editors | 29/12/2024

The Bill to introduce the new company re-domiciliation regime will be introduced into the LegCo for first reading on 8 January 2025.

AML / KYC

HKMA Directs Banks to Implement More Anti-Scam Measures

By Manesh Samtani | 28/12/2024

HKMA says banks should seek Police assistance and consider holding the transaction if they believe a customer is being scammed.

Enforcement

SFC Imposes Fine and Lifetime Ban Against Fund Manager

By Editors | 28/12/2024

The SFC said the former fund manager’s removal from the industry is “necessary to protect the investing public”.

Sanctions

US Extends Sanctions on HK Officials for Five More Years

By Editors | 27/12/2024

The Hong Kong government said the sanctions will ultimately harm the interests of the US and its companies.