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Regulatory News


📘 Educational Insight: Understanding the New HKMA Guidance on Cross-Border Account Compliance
In the evolving financial landscape of the Greater Bay Area, regulatory clarity and risk management remain the twin pillars of long-term market stability. Following recent administrative measures by the CSRC regarding offshore brokerages, the Hong Kong Monetary Authority (HKMA) has reinforced the standards for opening and maintaining investment accounts for mainland investors. This guidance emphasizes a shared regulatory goal: ensuring that capital flows through designated, l
3 days ago


Gazettal of subsidiary legislation under risk-based capital regime for insurance industry
The Government published in the Gazette today (May 22) the following pieces of subsidiary legislation made by the Insurance Authority (IA) under the Insurance Ordinance (Cap. 41) to implement public disclosure requirements under Pillar 3 of the risk-based capital (RBC) regime and to introduce enhancements following the IA's review of the regime: (i) Insurance (Public Disclosure) Rules; (ii) Insurance (Valuation and Capital) (Amendment) Rules 2026; and (iii) Insurance (Mainte
May 23


FSTB publishes consultation conclusions and plans to implement first-phase measures as early as August to enhance regulation of licensed money lenders
The Financial Services and the Treasury Bureau (FSTB) published today (March 13) the consultation conclusions and specific measures on enhancing the regulation of licensed money lenders (money lenders) to address the issue of excessive borrowing and better protect the public. The FSTB will implement relevant measures in two phases. The measures under the first phase mainly include introducing "debt servicing ratio" caps for unsecured personal loans of low-income earners,
Mar 21


Paul Chan: Stablecoin Licenses to Be Issued Later This Yr
Hong Kong's Financial Secretary Paul Chan is visiting Davos, Switzerland, to participate in the World Economic Forum Annual Meeting. Since 2023, Hong Kong has issued licenses to 11 virtual asset trading platforms, he said, expecting to issue stablecoin licenses later this year.
Jan 24


Companies Registry releases statistics for 2025
According to the statistics released by the Companies Registry today (January 16), a total of 195,343 local companies and re-domiciled companies were newly registered in 2025. By the end of 2025, the total number of local companies and re-domiciled companies registered under the Companies Ordinance increased by 96,609 compared to 2024, reaching 1,557,103, which was an all-time high figure. In 2025, 1,532 non-Hong Kong companies that had newly established a place of busin
Jan 18


Consultation Conclusions Legislative Proposal to Regulate Dealing in Virtual Assets
Please read the full article at https://www.fstb.gov.hk/fsb/en/publication/consult/doc/VAdealing_consultation_conclusion_e.pdf
Jan 18


Hong Kong and Norway enter into tax pact
The Secretary for Financial Services and the Treasury, Mr Christopher Hui, had a bilateral meeting with the Ambassador of Norway to China, Mr Vebjørn Dysvik, in Beijing today (December 16) and signed on behalf of the Hong Kong Special Administrative Region (HKSAR) Government a comprehensive avoidance of double taxation agreement (CDTA) with the Government of the Kingdom of Norway. Mr Hui said, "Norway is an important trading partner of Hong Kong in Northern Europe. This
Dec 21, 2025


Hong Kong Customs combats illicit cigarette smuggling activities involving air passengers and dismantles related illicit cigarette storage centres
Hong Kong Customs mounted enforcement operations to combat illicit cigarette smuggling activities involving air passengers and shut down related illicit cigarette storage centres between September and December, successfully neutralising a transnational syndicate that smuggled illicit cigarettes through air passengers. A total of about 11.64 million illicit cigarettes and 1.4 million alternative smoking products were seized, with an estimated market value of about $56.5 millio
Dec 21, 2025
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