Hong Kong

Fintech / Regtech

Hong Kong PCPD Issues Guidance on Employee Use of GenAI

By Sanday Chongo Kabange | 02/04/2025

The guidance is intended to help organisations in developing internal policies on the use of GenAI by employees to execute their responsibilities.

AML / KYC

Hong Kong Gazettes Bill to Facilitate Financial Crime Info-Sharing

By Sanday Chongo Kabange | 01/04/2025

The bill proposes to introduce a voluntary mechanism for AIs to share information through secure HKMA-designated platforms.

Fintech / Regtech

SFC Launches New AI Market Scanning Detection Model

By Sanday Chongo Kabange | 01/04/2025

The SFC is using AI-empowered analytics to identify red flags in listed companies early, so that issues can be addressed before they escalate.

HKMA Launches New Banking Regulatory Document Repository

By Sanday Chongo Kabange | 01/04/2025

The new portals are designed to facilitate the dissemination of regulatory documents to the public and to AIs.

AML / KYC

HKMA Ask Banks to Heed SFC Guidance on IPO Financing

By Sanday Chongo Kabange | 31/03/2025

Banks are directed to comply with new SFC guidance on IPO financing, particularly the investor identification requirement under FINI.

Securities / Derivatives

SFC Consults on Proposals to Streamline Regulatory Processes

By Sanday Chongo Kabange | 31/03/2025

For post-IPO matters, the SFC proposes a less disruptive alternative to suspension. For trading suspensions, applications for resumption will be processed more quickly

Crypto / Digital Assets

SFC Approves Launch of “World’s First” Tokenised Money Market ETF

By Manesh Samtani | 29/03/2025

HashKey and Bosera said the new ETFs will provide investors an instrument that “balances traditional stability with the agility and flexibility of digital assets”.

Market Infrastructure

Hong Kong to Expand Concessions for Family Offices

By Manesh Samtani | 29/03/2025

Hong Kong officials Paul Chan and Christopher Hui said there would be new initiatives this year for funds, family offices and private equity firms.

Market Infrastructure

HKMA Sets Testing Deadline for New Derivatives Reporting Regime

By Manesh Samtani | 29/03/2025

Regulated entities subject to the new OTC derivatives reporting regime must complete the simulation test and submit a readiness declaration form by 12 September.