HONG KONG

Sanctions

OFAC Sanctions Six Hong Kong and Mainland-based Entities

By Editors | 27/02/2025

Secondary sanctions were imposed against Hong Kong and Mainland entities that OFAC says procured drone components on behalf of Iran.

Crypto / Digital Assets

Hong Kong Unveils New Measures to Boost Status as Global Hub

By Manesh Samtani | 27/02/2025

HKEX is preparing for T+1 settlement and planning a new listing channel for technology firms. Government to issue new policy statement on virtual assets.

ESG / Sustainability

Hong Kong Enhances ESG Disclosure Rules for MPF Funds

By Sanday Chongo Kabange | 26/02/2025

MPF trustees are directed to review disclosures in MPF scheme brochures and make necessary updates and revisions by 30 September 2025.

Capital / Liquidity

Hong Kong Secures Win from Updated Trade Deal With Mainland

By Mark Johnston | 26/02/2025

Hong Kong’s Trade in Services agreement with Mainland China has been updated, providing benefits to various sectors including financial services.

Hong Kong Gazettes Legal Notices for eMPF Platform Onboarding

By Sanday Chongo Kabange | 26/02/2025

The legal notices serve to enforce the mandatory use of the eMPF Platform for three MPF schemes administered by Principal Trust Company (Asia) Limited.

Market Infrastructure

SFC Consults on Registrar Fee Limits in Paperless Securities Market

By Sanday Chongo Kabange | 25/02/2025

The SFC proposes limits for the fees that securities registrars can charge investors under the USM regime, which is targeted for implementation in early 2026.

Market Infrastructure

HKEX Announces Enhanced Fee Structure for Securities Market

By Sanday Chongo Kabange | 24/02/2025

HKEX said the current structure disproportionately impacts lower-value trades and the new structure will be more equitable across all trade sizes.

China Allows Hong Kong and Macau Banks to Offer Card Services

By Mark Johnston | 24/02/2025

Mainland branches of Hong Kong and Macau banks will be permitted to offer card services to individual customers, government departments, and corporate clients.

Hong Kong Expands “Talent List” for Fast Track Immigration

By Sanday Chongo Kabange | 20/02/2025

The updated talent list includes three additional financial services categories focusing on accounting, Islamic finance and commodities trading.