ADVERTISEMENT
Crypto / Digital Assets
HKMA Warns of 'Frothiness' in Stablecoin Market, Signals Strict AML Rules
By Sanday Chongo Kabange | 24/07/2025
The HKMA will grant only a handful of stablecoin issuer licences initially and impose stringent AML rules amid concerns over market speculation.
Enforcement
HKMA Fines Four FIs HKD 17.8M for AML and CDD Failures
By Sanday Chongo Kabange | 23/07/2025
The HKMA has penalised three banks and a stored value facility licensee for AML/CFT control deficiencies.
Crypto / Digital Assets
HKMA to Adopt Invitation Only System for Stablecoin Licensing - Report
By Sanday Chongo Kabange | 22/07/2025
The HKMA will reportedly only issue an application form after a potential applicant has been pre-screened and gained "basic recognition" during initial vetting.
Capital / Liquidity
HKMA Issues Updated Guidance on IRB Model Validation
By Sanday Chongo Kabange | 21/07/2025
The updated guidance introduces stricter requirements on data architecture, conceptual model soundness, group-wide systems, and the use of external benchmarks
Capital / Liquidity
HKMA Rejects Rumours About Possible Establishment of 'Bad Bank'
By Editors | 18/07/2025
The HKMA has dismissed reports that lenders were discussing the establishment of a new vehicle to handle rising non-performing loans.
Fintech / Regtech
HKMA to Expand Use of Granular Risk Data from Banks
By Sanday Chongo Kabange | 17/07/2025
Carmen Chu announced the results of HKMA's "Fintech Maturity Stock-take" exercise and plans to consult the industry on the development of a new data strategy.
Fintech / Regtech
HSBC Completes DLT Tests Under HKMA's e-HKD Project
By Sanday Chongo Kabange | 15/07/2025
HSBC has completed experiments on DLT interoperability and privacy tech, as a survey shows strong public demand for transaction privacy.
Fintech / Regtech
HKMA Calls for Enhanced NBFI Monitoring to Counter Stability Risks
By Sanday Chongo Kabange | 15/07/2025
HKMA’s Darryl Chan has called for agile regulation and international cooperation to manage threats from global fragmentation, innovation, and market volatility.
Crypto / Digital Assets
Hong Kong Gazettes Rules to Implement Basel Crypto Standard
By Manesh Samtani | 14/07/2025
New rules will implement the Basel crypto standard, setting strict capital, disclosure, and exposure limits for banks' holdings from January 2026.
ESG / Sustainability
HKMA Launches Physical Climate Risk Assessment Platform For Banks
By Sanday Chongo Kabange | 11/07/2025
The HKMA has launched an enhanced version of its physical climate risk assessment tool, urging all financial institutions to adopt it.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team