Hong Kong

Enforcement

SFC Issues Lifetime Ban to Former Hang Seng Banker

By Sanday Chongo Kabange | 06/11/2025

The SFC's action follows a criminal conviction and 30-month prison sentence for the theft of more than HKD 1.5 million.

AML / KYC

Taiwan Freezes Over $500M in Assets Linked to Sanctioned Prince Group

By Mark Johnston | 06/11/2025

Co-ordinated regional enforcement actions follow US and UK sanctions on a multinational network accused of running forced-labour scam centres.

Capital / Liquidity

HKMA Proposes Stricter IRRBB Rules, Aligning with BCBS Standards

By Manesh Samtani | 05/11/2025

Consultation launched on revised rules for interest rate risk, introducing a tougher outlier test, new credit spread risk measures, and public disclosure requirements.

Securities / Derivatives

China to Expand Stock Connect, Deepen Integration with Hong Kong

By Manesh Samtani | 05/11/2025

Regulators at the Global Financial Leaders' Investment Summit announced plans to expand Stock Connect and support the launch of government bond futures in Hong Kong.

Sanctions

Hong Kong Freezes HK$2.75 Billion in Prince Group Probe

By Manesh Samtani | 05/11/2025

Hong Kong authorities have taken action against local firms as police freeze assets tied to a Cambodian syndicate accused of running global scam centres.

Fintech / Regtech

Hong Kong and Brazil Pilot CBDC Trade Settlement with Chainlink

By Sanday Chongo Kabange | 05/11/2025

The experiment, part of Brazil's Drex programme, connected the Drex and Ensemble platforms to test real-time, cross-border payments.

Fintech / Regtech

Hong Kong IA Details Framework for Federated Learning in Insurance

By Sanday Chongo Kabange | 05/11/2025

The insurance body's new whitepaper outlines a framework for using the AI technique to enable privacy-preserving data collaboration and manage associated risks.

Securities / Derivatives

HKEX to Mandate API Migration, Decommission Participant Gateway by 2027

By Sanday Chongo Kabange | 04/11/2025

The move is part of a broader push to modernise Hong Kong's post-trade infrastructure and promote greater automation for participants.

Crypto / Digital Assets

SFC Opens Crypto Market to Global Liquidity, Expands Product Rules

By Sanday Chongo Kabange | 04/11/2025

The SFC is permitting shared order books with overseas affiliates and easing token listing rules under new investor protection safeguards.