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Deepening Fintech Innovation Supervisory Cooperation in the Guangdong-HK-Macao Greater Bay Area
The Hong Kong Monetary Authority (HKMA), the People’s Bank of China (PBoC) and the Monetary Authority of Macao (AMCM) jointly issued a...
Nov 13, 20232 min read


Court sets trial date for employing a fraudulent scheme in securities transactions in illegal short
The Eastern Magistrates’ Court has fixed the trial of Ms Christine Yeung Tak Sum for 27 February 2024 to 5 March 2024 after she pleaded...
Nov 9, 20231 min read


Statements issued by the Financial Action Task Force
I am writing to update you on the statements published by the Financial Action Task Force (FATF) identifying jurisdictions that have...
Nov 9, 20232 min read


Statements issued by the Financial Action Task Force (For AIs)
The Chief Executive All Authorized Institutions Dear Sir/Madam, Statements issued by the Financial Action Task Force I am writing to...
Nov 9, 20232 min read


Ronick Chan urges Thailand to use the "FPS" for small transactions and to choose reputable merchants
The Hong Kong Monetary Authority has announced that, starting from December 4, Hong Kong's "FPS" (Faster Payment System) will be...
Nov 7, 20231 min read


Insurance Authority bans former insurance agent for five years for mishandling and misappropriating
The Insurance Authority (IA) has banned a former insurance agent from applying for a licence for five years for mishandling and...
Nov 7, 20233 min read


HKMA publishes the “e-HKD Pilot Programme Phase 1 Report”
The Hong Kong Monetary Authority (HKMA) today (30 October) published the “e-HKD Pilot Programme Phase 1 Report” to discuss the key...
Nov 7, 20232 min read


Enhancement to security of electronic banking services
We are writing to require authorized institutions (AIs) to implement a package of new enhancement measures, formulated by the Hong Kong...
Nov 7, 20235 min read


Hong Kong Treasury Secretary Restructures Virtual Asset OTC Norms
News is provided by COINCU Key Points: Hong Kong’s Economic Services and Treasury Secretary plans crucial amendments to regulations for...
Nov 2, 20231 min read
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