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HKMA announces second cohort of GenA.I. Sandbox to advance responsible A.I. innovation
The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Cyberport Management Company Limited (Cyberport), announced today (15 October) the second cohort of the Generative Artificial Intelligence (GenA.I.) Sandbox. Building on the foundation of the first cohort, this coming cohort demonstrates a significant industry shift from experimenting with A.I.'s capability to enabling its secure and reliable implementation. From over 60 proposals, a total of 27 use
Oct 192 min read
Central bank cleans 154 million accounts, blocks US$56.9 million in suspicious transactions
As of September 2025, the central bank proposed cutting and simplifying 124 out of 298 administrative procedures, representing 41.6 per...
Oct 122 min read
Police sergeant among six charged by ICAC as graft probe reveals $3m commissions fraud
The ICAC charged six individuals on Monday (October 6) after a corruption investigation revealed that a Police Sergeant, together with an...
Oct 123 min read
Hong Kong Customs detects two smuggling cases involving ocean-going vessels with goods worth about $170 million in total seized
Hong Kong Customs detected two suspected smuggling cases involving ocean-going vessels on September 18 and 26. Large batches of suspected...
Oct 122 min read
Hong Kong Customs launches pilot run for duty stamp system for three months
According to the Dutiable Commodities Ordinance (Cap. 109) amended by the Government of the Hong Kong Special Administrative Region...
Oct 122 min read
Hong Kong Customs teams up with Mainland and Macao Customs to combat cross-boundary counterfeit goods transshipment activities
Hong Kong Customs conducted an enforcement operation with the Mainland and Macao Customs from September 15 to 30, during which...
Oct 121 min read
Ex-bank employee and intermediary charged by ICAC with bribery over account opening
A former bank employee and an intermediary were charged by the ICAC yesterday (October 2) for allegedly conspiring together to accept...
Oct 52 min read
HKMA and HKSTP launch IADS Developer Hackathon to foster bank–fintech collaboration
The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Science and Technology Parks Corporation (HKSTP), announced...
Oct 52 min read
SFC suspends Joey Lo Wai Hon for four months
The Securities and Futures Commission (SFC) has suspended Mr Joey Lo Wai Hon, a former responsible officer (RO) of MTF Securities Limited...
Oct 53 min read
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