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Regulatory News


Suspected core syndicate member charged in ramp-and-dump case
A suspected core member of a sophisticated ramp-and-dump syndicate, Mr Cheng Ming, was charged with the offence of conspiracy to defraud...
Aug 12, 2024


Wanted core member of ramp-and-dump syndicate arrested
A suspected core member of a sophisticated ramp and dump syndicate, wanted by the Securities and Futures Commission (SFC) and subject to...
Aug 12, 2024


Insurance Authority inspection results in enhancements to anti-money laundering controls and processes and fine
Following an on-site inspection carried out by the Insurance Authority (IA) under the Anti-Money Laundering and Counter-Terrorist...
Aug 5, 2024


PBOC and HKMA Sign MOU on Cross-Boundary Linkage of Payment Systems between the Mainland and Hong Kong
Mr Lu Lei, Deputy Governor of the People's Bank of China (PBOC), and Mr Howard Lee, Deputy Chief Executive of the Hong Kong Monetary...
Aug 5, 2024


Website and Email Alert – Fraudulent website and phishing emails related to Bank Julius Baer & Co. Ltd.
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Bank Julius Baer & Co. Ltd....
Aug 5, 2024


Phishing fraud and counterfeit UnionPay International websites
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by UnionPay International on...
Aug 5, 2024


Website and Social Media Page Alert – Fraudulent website and social media page related to Public Finance Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Public Finance Limited...
Aug 5, 2024


HKMA’s response on Nova Credit Limited’s cessation of operation and exit of Credit Data Smart
The Hong Kong Monetary Authority (HKMA) has been informed by the Hong Kong Association of Banks, the Hong Kong Association of Restricted...
Aug 5, 2024


HKMA’s Response to US Fed’s Interest Rate Decision
The Federal Open Market Committee of the Federal Reserve (the Fed) announced early today (Hong Kong time) after its two-day meeting that...
Aug 5, 2024
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