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Regulatory News


SFC bans Kao Cheng Yung for six months
The Securities and Futures Commission (SFC) has prohibited Mr Kao Cheng Yung, a former responsible officer (RO), manager-in-charge of...
Apr 27, 2025


HKMA and SFC consult on annual update to Financial Services Providers list under OTC derivatives regulatory regime
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) today (17 April) issued a joint consultation on...
Apr 27, 2025


Ex-manager of fabric company charged by ICAC gets 30 months’ jail for $1m fraudulent orders and money laundering
A former project manager of a fabric company, charged by the ICAC for making false representations to cause three customers to place...
Apr 27, 2025


HKMA, HKPF and HKAB jointly announce new measures to strengthen the response to fraud and money laundering
The Hong Kong Monetary Authority (HKMA), the Hong Kong Police Force (HKPF) and The Hong Kong Association of Banks (HKAB) jointly...
Apr 13, 2025


Ex-bank employee among trio charged by ICAC for allegedly conspiring with intermediary to accept bribes over account opening
A former bank employee and a couple, both insurance agents cum intermediaries, were charged by the ICAC yesterday (April 2) for allegedly...
Apr 13, 2025


Jack Dorsey’s Block fined $40M by NY regulators over cash app compliance failures
Block, Inc., the digital payments company led by Twitter co-founder Jack Dorsey, has agreed to pay a $40 million civil penalty to the New...
Apr 13, 2025


HKMA and banking sector support SMEs from various industries
The Hong Kong Monetary Authority (HKMA), together with the banking sector, introduced today (8 April) sector-specific support measures to...
Apr 13, 2025


Hong Kong Customs detects case of non-registered precious metals and stones dealer carrying out specified transactions
Hong Kong Customs yesterday (April 9) detected a case involving a local jewellery company that conducted multiple transactions of...
Apr 13, 2025


SFC sets out staking guidance for licensed virtual asset trading platforms and authorised virtual asset funds
The Securities and Futures Commission (SFC) today provided regulatory guidance respectively to licensed virtual asset trading platforms...
Apr 13, 2025
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