Category Archives: Regulatory Updates

AFRC Hosts Landmark Regional Regulatory Forum 2024 to Restore Public Trust in the Accounting and Audit Profession

The Accounting and Financial Reporting Council (AFRC) hosted the inaugural Regional Regulatory Forum (RRF), uniting [...]

Enhancing Customer Empowerment in Anti-Fraud-and-Scam Protection through “Money Safe” Protection and Option of Disabling Internet Banking Platforms

In response to rising fraud and scam cases, the Hong Kong Monetary Authority (HKMA) is [...]

The Seventh Hong Kong-Switzerland Financial Dialogue

The seventh Hong Kong-Switzerland Financial Dialogue, co-organized by the Hong Kong Monetary Authority (HKMA) and [...]

Special Mortgage Scheme for Uncompleted Residential Properties

The Hong Kong Monetary Authority (HKMA) has introduced a one-off special scheme to relax supervisory [...]

Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism: Early Alert on United Nations Sanctions

The United Nations Security Council (UNSC) sanctions committee has updated its sanctions list for ISIL [...]

Hong Kong Institute of Certified Public Accountants Elects President and Vice-Presidents

Following its 52nd annual general meeting, the Hong Kong Institute of Certified Public Accountants (HKICPA) [...]

New Supervisory Policy Manual (SPM) Module TM-C-1 on “Supervisory Approach on Cyber Risk Management

The Hong Kong Monetary Authority (HKMA) has issued a new SPM module, TM-C-1, on “Supervisory [...]

Revised Supervisory Policy Manual (SPM) Module CA-G-1 on “Overview of Capital Adequacy Regime for Locally Incorporated Authorized Institutions”

The Hong Kong Monetary Authority has issued a revised version of the SPM module CA-G-1, [...]

Monetary Statistics for October 2024

The Hong Kong Monetary Authority reported that total deposits with authorized institutions were stable in [...]

Residential Mortgage Survey Results for October 2024

The Hong Kong Monetary Authority’s October 2024 residential mortgage survey revealed a 46.5% month-on-month increase [...]