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Regulatory News


Free Trade Agreement Transhipment Facilitation Scheme of Hong Kong Customs extended
Hong Kong Customs today (September 1) extended the Free Trade Agreement Transhipment Facilitation Scheme (FTA Scheme) to cover...
Sep 9, 2024


Philippines' Deported Ex-Mayor Alice Guo Arrives Home From Indonesia
Former Philippines mayor Alice Guo, accused of ties to Chinese criminal syndicates and laundering more than 100 million pesos ($1.79...
Sep 9, 2024


Taskforce on SME Lending holds its inaugural meeting
The joint Taskforce on SME Lending (Taskforce) established by the Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of...
Sep 9, 2024


SFC bans Charles Lam Chung Yiu for life
The Securities and Futures Commission (SFC) has banned Mr Charles Lam Chung Yiu, a former associate director of UBS AG (UBS), from...
Sep 9, 2024


Hong Kong Customs takes disciplinary actions against four licensed money service operators for breaching statutory requirements
The Customs and Excise Department (C&ED) today (September 3) took disciplinary actions, including issuing public reprimands and ordering...
Sep 9, 2024


Social Media Page Alert – Fraudulent social media page related to Bank of Singapore Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank of Singapore Limited...
Sep 9, 2024


Instant Message Alert – Phishing messages related to WeChat Pay Hong Kong Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by WeChat Pay Hong Kong Limited...
Sep 9, 2024


The Federal Reserve issued a cease-and-desist order to United Texas Bank for serious deficiencies in risk management
Please click here to read the full article.
Sep 9, 2024


SFC issues new guides for visiting and returning professionals to highlight pragmatic licensing options
The Securities and Futures Commission (SFC) today published two new quick reference guides to assist visiting and returning...
Sep 9, 2024
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