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Crypto / Digital Assets
SFC Backs Industry Initiatives on Digital Asset Fund Compliance
By Sanday Chongo Kabange | 21/10/2025
The SFC has signalled its support for efforts to strengthen risk management and compliance standards for digital and tokenised investment funds.

Fintech / Regtech
China Directs Tech Giants to Halt Hong Kong Stablecoin Plans
By Editors | 21/10/2025
Mainland regulators intervened to assert monetary sovereignty, casting a shadow over Hong Kong's new digital asset framework and the e-CNY's role.

Enforcement
Hong Kong SFC Fines UBS HK$8m for Investor Classification Failures
By Sanday Chongo Kabange | 21/10/2025
The penalty relates to a 12-year systems failure that led to securities lending and the sale of complex products to ineligible clients.

ESG / Sustainability
Hong Kong, Malaysia Adopt Global Sustainability Ethics Rules
By Manesh Samtani | 21/10/2025
The jurisdictions are implementing IESBA standards for sustainability reporting and assurance, with regulators set to establish formal oversight frameworks for all practitioners.

Capital / Liquidity
Hong Kong Designates AIA, Prudential as Systemically Important Insurers
By Editors | 20/10/2025
The Insurance Authority has rolled out a new framework, subjecting the firms to enhanced supervision and resolution planning requirements.

AML / KYC
HK & Mainland Police Arrest Three for Face Spoofing and Money Laundering
By Sanday Chongo Kabange | 17/10/2025
The three members of a cross-border syndicate allegedly used pre-recorded videos to bypass facial recognition systems at digital banks.

Fintech / Regtech
FSB, IOSCO Find ‘Uneven’ Global Implementation of Crypto Regulations
By Manesh Samtani | 16/10/2025
Reports from the FSB and IOSCO find inconsistent crypto rule implementation, creating arbitrage risks and complicating cross-border oversight of firms.

Enforcement
Hong Kong AFRC Fines PwC, Two Auditors Over Deficient Audits
By Sanday Chongo Kabange | 16/10/2025
The AFRC says the sanctions relate to multiple, pervasive audit deficiencies in the 2010 and 2011 audits of Hong Kong-listed Dynasty Fine Wines Group Limited.

Securities / Derivatives
ISDA Urges Hong Kong SFC to Reconsider Capital Rules
By Manesh Samtani | 16/10/2025
ISDA called for key amendments to Hong Kong's proposed capital framework, citing the need for pragmatism and alignment.

Sanctions
UK Sanctions Russian Oil Giants, Indian and Chinese Firms
By Manesh Samtani | 16/10/2025
A package of 90 new sanctions hits Rosneft, Lukoil, India's Nayara Energy and Chinese terminals in a bid to choke off Russian war funds.
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