Hong Kong

AML / KYC

US Experts Urge Congress to Sanction Hong Kong Banks

By Manesh Samtani | 23/09/2025

Congressional roundtable hears calls to target Hong Kong's alleged role as a hub for sanctions evasion for China, Russia and Iran.

HKMA, IA Mandate Labelling Requirement for Insurance Products

By Sanday Chongo Kabange | 23/09/2025

The HKMA and IA are enforcing new naming rules from 2026 to stop consumers confusing insurance policies with bank deposits.

Fintech / Regtech

Hong Kong Faces 'Crucial' Gap in Retirement Income Products - Report

By Manesh Samtani | 23/09/2025

New HKIMR report finds a significant shortfall in products for retirees, despite high digital adoption, urging industry innovation and better financial education.

Securities / Derivatives

Hong Kong Proposes Investor ID for Derivatives Market by 2028

By Sanday Chongo Kabange | 22/09/2025

The SFC is consulting on extending its real-name trading regime to futures and options, mirroring rules already in place for securities.

Enforcement

HKPF Deepens Anti-Scam Cooperation with Regional Partners

By Editors | 22/09/2025

Police chief met with counterparts from four key Asian nations to discuss closer collaboration on combating scams, as a major security forum pledges joint action on online fraud.

Securities / Derivatives

HK Official Confirms Plan to Pursue T+1 Settlement

By Manesh Samtani | 22/09/2025

Specific proposals for T+1 settlement will be rolled out next year, while officials call for a careful assessment of the more complex 24-hour trading model.

Securities / Derivatives

HKEX's OTC Clear to Launch LPR Swaps Under Swap Connect

By Manesh Samtani | 22/09/2025

OTC Clear is adding the 1-year Loan Prime Rate for Northbound swaps and extending NDIRS tenors, with new risk and reporting rules.

AML / KYC

Hong Kong Police Bust HKD 66 Million Laundering Ring

By Editors | 22/09/2025

Syndicate allegedly used over 30 stooge accounts at both traditional and virtual banks, operating from hotel rooms to process illicit funds.

Securities / Derivatives

Hong Kong Regulator Eyes Investor ID for Derivatives Market

By Manesh Samtani | 19/09/2025

The SFC's Rico Leung also highlighted recent reforms to cut trading costs and relax position limits as measures that will boost market competitiveness.