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Regulatory News


US Fed fines Industrial and Commercial Bank of China for lapses in bank secrecy, sharing of data
The US Federal Reserve fined Industrial and Commercial Bank of China US$2.43 million for improper use of financial-supervision...
Jan 22, 2024


Hong Kong Treasury Secretary Restructures Virtual Asset OTC Norms
News is provided by COINCU Key Points: Hong Kong’s Economic Services and Treasury Secretary plans crucial amendments to regulations for...
Nov 2, 2023


Hong Kong police arrest 84 suspects over fraud, money-laundering cases involving HK$118 million
Police urge Hongkongers to avoid allowing others to use their bank accounts for handling crime proceeds after three-week operation in...
Oct 30, 2023


HK customs arrests 4, including siblings, in crackdown on syndicate accused of laundering ......
Suspects include owner of money exchange company and her two siblings, source familiar with case says Money changer allegedly dealt with...
Oct 12, 2023


HK virtual insurer Bowtie eyes disruption amid HKMA’s fintech push in securities and insurance .....
Hong Kong virtual insurer Bowtie eyes disruption amid HKMA’s fintech push in securities and insurance sectors The latest move by the Hong...
Oct 12, 2023


HK’s digital asset ecosystem needs stronger guardrails and more education to protect investor.....
Hong Kong’s digital asset ecosystem needs stronger guardrails and more education to protect investors, says HKMA CEO Eddie Yue ‘Those...
Oct 12, 2023


HK e-HKD trials explore ‘interesting use cases’ of digital currency in payments.......
Hong Kong e-HKD trials explore ‘interesting use cases’ of digital currency in payments, investments: HKMA boss Programmable payments to...
Oct 11, 2023


HK police arrest 2 men in connection with JPEX crypto scandal after they are returned by .......
Hong Kong police arrest 2 men in connection with JPEX crypto scandal after they are returned by Macau authorities Macau authorities hand...
Oct 3, 2023
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