Hong Kong

Crypto / Digital Assets

SFC Grants First Approvals Allowing Crypto Staking Services

By Sanday Chongo Kabange | 14/04/2025

HashKey and OSL can expand their product and service offerings to provide staking as a service to clients, including retail clients.

AML / KYC

Shedding Light on HSBC’s Use of Machine Learning in Transaction Monitoring

By Manesh Samtani | 14/04/2025

Olivier Franses talks to Regulation Asia about HSBC’s use of machine learning in transaction monitoring, the challenges of implementation, and the resulting benefits.

AML / KYC

HKMA Announces New Measures to Combat Financial Crime

By Sanday Chongo Kabange | 11/04/2025

HKMA, HKPF and HKAB have jointly announced new measures to strengthen the response to fraud and money laundering.

Big Picture

HKIMR Publishes Findings on GenAI Adoption Among Hong Kong FIs

By Sanday Chongo Kabange | 10/04/2025

75 percent of surveyed FIs have rolled out or implemented at least one GenAI use case or are currently piloting and designing use cases.

AML / KYC

GLEIF Certifies Hong Kong Firm as Qualified vLEI Issuer

By Editors | 10/04/2025

Certizen Technology’s qualification represents another significant milestone in the development of the vLEI ecosystem, said GLEIF CEO Alexandre Kech.

Crypto / Digital Assets

HKMA Issues Guidance on Crypto Staking Services for Banks

By Sanday Chongo Kabange | 09/04/2025

Banks must implement adequate policies and controls before engaging in crypto staking services, HKMA said.

Capital / Liquidity

Hong Kong Banks to Introduce Targeted SME Support Measures

By Sanday Chongo Kabange | 09/04/2025

HKMA says banks will introduce targeted SME support for various industries and sectors affected by global trade tensions.

Enforcement

Multinational Firm Scammed by Deepfake Tech in Singapore

By Nithya Subramanian | 09/04/2025

Singapore and Hong Kong police teamed up to recover over USD 499,000 lost to a scam involving deepfake video technology and digital manipulation.

Crypto / Digital Assets

Euroclear Joins HKMA’s Tokenisation Initiative, Project Ensemble

By Editors | 09/04/2025

Euroclear is joining as an Architecture Community member. HKMA also welcomed six new firms to the Ensemble Sandbox.