Category Archives: Regulatory Updates

Tender of 2-year RMB HKSAR Institutional Government Bonds to be held on Thursday, 14 November 2024

The Hong Kong Monetary Authority (HKMA) announced that it will hold a tender for 2-year [...]

Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism(1) FATF Statement on High-Risk Jurisdictions subject to a Call for Action(2) FATF Statement on Jurisdictions under Increased Monitoring(3) Outcomes from the FATF Plenary, 23-25 October 2024

The Securities and Futures Commission (SFC) has issued a circular regarding Anti-Money Laundering (AML) and [...]

Inaugural “Integrity Management Award” by ICAC and CIC encourages contractors to strengthen integrity management

The ICAC, in collaboration with the Construction Industry Council (CIC), launched the “Integrity Management Award” [...]

Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

As of October 2024, Hong Kong’s official foreign currency reserve assets totaled US$421.4 billion, slightly [...]

Adjustment of Base Rate

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

HKMA’s Response to US Fed’s Interest Rate Decision

The Federal Reserve has lowered the federal funds rate by 0.25% to 4.5-4.75%, while the [...]

Insurance Authority warns against an unauthorized company with insurance-related name

The Insurance Authority (IA) has issued a warning about “Marble Insurance Services Limited,” which falsely [...]

Payment Card Direct Debit Authorisation

The Hong Kong Monetary Authority (HKMA) outlines expectations for Card Issuing Banks and Merchant Acquiring [...]

Hong Kong Academy of Finance’s 2025 intake of the Financial Leaders Programme is open for application

The Hong Kong Academy of Finance (AoF) has opened applications for the 2025 intake of [...]

HKEX to Digitalise ETP Servicing Capabilities with Online Platform

Hong Kong Exchanges and Clearing Limited (HKEX) plans to digitize and automate the in-kind creation [...]