Category Archives: Lastest Topics

Adjustment of the Base Rate

The Hong Kong Monetary Authority(HKMA) announced today that the Base Rate has been set at [...]

Notification of Routine Recalculation of Rates and FX Guarantee Fund

Rates and FX Contribution Determination Date. The recalculation of the routine Rates and FX Guarantee [...]

Klépierre to Build the Most Sustainable Platform for Commerce by 2030

Klépierre, the European leader in shopping malls, announced its CSR strategy, Act4Good™, Act4Good™ is designed to [...]

The Monetary Authority takes disciplinary action against Westpac Banking Corporation, Hong Kong Branch for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance

The party involved Westpac Banking Corporation HK Branch. The fact is that Westpac Banking Corporation, Hong [...]

Amazon Sets Renewable Energy Record with Over 8GW of New Capacity in 2022

Amazon reported that it secured 108 clean energy projects in 2022, including 25 newly announced [...]

HONG KONG INVESTOR IDENTIFICATION REGIME (HKIDR) – SUBMISSION OF BCAN-CID MAPPING DATA

Relevant Regulated Intermediaries are urged to submit the BCAN-CID Mapping File via the Electronic Communication [...]

Conclusion of discussion paper on crypto-assets and stablecoins

On 12 January 2022, the HKMA issued a discussion paper on crypto-assets and stablecoins and [...]

Government welcomes passage of Stamp Duty (Amendment) Bill 2022

The Stamp Duty (Amendment) Bill 2022 was passed on 18 January. It gives effect to [...]

EU Regulators Welcome, Critique New European Sustainability Reporting Standards

European Supervisory Authorities (ESAs) released their opinions on the European Sustainability Reporting Standards, which set [...]

SFAT affirms SFC decision to fine Cardinalasia Consulting Limited $1.5 million and imposes a heavier suspension on its responsible officer for failures in managing private funds

The party involved Cardinalasia Consulting Limited (CCL) and its Responsible Officer Mr Edward Lee Shiu [...]