Category Archives: Regulatory Updates

Tender of 2-Year Exchange Fund Notes to be held on 22 November 2024

The Hong Kong Monetary Authority (HKMA) will conduct a tender for 2-year Exchange Fund Notes [...]

Asian Insurance Forum 2024 to offer insightful perspectives as top-notch experts navigate challenges amidst global volatility

The Insurance Authority’s (IA) Asian Insurance Forum (AIF) 2024 will take place on December 10, [...]

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

On November 8, 2024, the United Nations Security Council (UNSC) added two individuals to its [...]

Circular to licensed corporations: Use of generative AI language model

The Securities and Futures Commission (SFC) has issued guidance on the responsible use of generative [...]

HKMA and Multilateral Organisations Enhance Strategic Partnership for Climate Investment in Asia

The Hong Kong Monetary Authority (HKMA) has partnered with multilateral organizations, including the Asian Development [...]

HKMA, Cyberport and banking sector co-organise “SME Digital Technology Solution Day”

The Hong Kong Monetary Authority (HKMA), Cyberport, the Hong Kong Association of Banks, and the [...]

AFRC welcomes appointment of Chairman

The Accounting and Financial Reporting Council (AFRC) has announced the appointment of Dr. David Sun [...]

Insurance Authority warns against phishing emails and fraudulent website

The Insurance Authority (IA) has warned the public about phishing emails from the domain “my.beacons[.]email,” [...]

Cooling-off Period for Unsecured Consumer Credit Products

The Hong Kong Monetary Authority (HKMA) has mandated that retail banks, including digital banks, offer [...]

Tender of 10-year RMB HKSAR Institutional Government Bonds to be held on Thursday, 14 November 2024

The Hong Kong Monetary Authority (HKMA) announced a tender for 10-year RMB Institutional Government Bonds [...]