9Nov 2026
Fraudulent loan scheme purported to be related to HKMA's e-HKD
The following is issued on behalf of the Hong Kong Monetary Authority:
1 min read
SFC, MAS, HKMA, AUSTRAC, FSC, FCA and beyond
All changes, enforcement actions and circulars across our coverage, sorted newest first.
The following is issued on behalf of the Hong Kong Monetary Authority:
The U.S. Department of the Treasury announced new sanctions against businesses, individuals, and vessels accused of helping Iran transport goods and generate revenue despite U.S. sanctions.
The U.S. Securities and Exchange Commission (SEC) announced its examination priorities for fiscal year 2027, outlining the areas its examiners will focus in the year on to improve compliance, prevent fraud, and protect investors.
Hong Kong Customs yesterday (October 26) detected a case involving a local company that conducted transactions of watches containing precious metals and stones valued at over HK$120,000, without registration under the Dealers in Precious Metals and Stones Regulatory Regime. An investigation is ongoing.
New guidance clarifies when financial institutions must block or reject payments and how they should report these actions.
The case exposes gaps in end-user screening, third-party oversight, and sanctions due diligence following an acquisition.
Pakistan has increased its currency transaction reporting threshold by 50%, from PKR 2 million to PKR 3 million, as authorities review the country’s anti-money laundering and counter-terrorist financing framework. The National Executive Committee (NEC) also approved amendments recognising maritime piracy as a predicate offence and bringing the Pakistan Virtual Assets Regulatory Authority (PVARA) within the AML framework.
Bank Negara Malaysia found that the money services business failed to conduct customer due diligence during a currency exchange transaction.
New priorities focus on virtual-asset risks, scam-compound money flows, and stronger global AML/CFT measures, while four jurisdictions exit increased monitoring.
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