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Regulatory News


SFC suspends Pun Hong Hai for 10 months
The Securities and Futures Commission (SFC) has suspended Mr Pun Hong Hai, a former responsible officer (RO), chief executive officer and...
Jun 22, 2025


The HKMA and the PBoC Launch Payment Connect
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced today (20 June) the launch of Payment Connect on...
Jun 22, 2025


Joint Announcement of the People’s Bank of China and the Hong Kong Monetary Authority
To deepen financial cooperation between the Mainland and Hong Kong, and to meet the demand of residents in both places for secure,...
Jun 22, 2025


Sentencing adjourned for brothers-in-law convicted of false trading
The Eastern Magistrates’ Courts has ordered for suitability reports regarding community service orders for Mr Lin Tai Fung and his...
Jun 15, 2025


ICAC graft probe cracks $4.6m dummy agents insurance commissions fraud case, leading to four jailed for 12 to 32 months
An ICAC corruption investigation earlier revealed that an assistant manager of an insurance company had recruited dummy agents to defraud...
Jun 15, 2025


SFC issues restriction notice to GA (Int'l) Capital Management Limited and conducts search operation
The Securities and Futures Commission (SFC) has issued a restriction notice to GA (Int'l) Capital Management Limited (GCML) due to...
Jun 15, 2025


Insurance Authority bans Leung Wai Mei and Ip Ka Ying from being considered as insurance intermediaries
The Insurance Authority (IA) has banned Ms Leung Wai Mei (Licence number: JE7178) and Ms Ip Ka Ying (Licence number: JA2270) from being...
Jun 15, 2025


Ex-bank manager faces bribery charge laid by ICAC for accepting cryptocurrency worth US$470,000 for authenticating false instruments
The ICAC had earlier charged two former bank managers for allegedly conspiring with an employee of a fintech company to use various false...
Jun 9, 2025


Hong Kong Customs detects case of non-registered precious metals and stones dealer carrying out specified transactions
Hong Kong Customs yesterday (June 4) detected a case involving a local company that conducted multiple transactions of silver jewellery,...
Jun 9, 2025
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