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Regulatory News


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
4 hours ago


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
4 hours ago


FCA obtains £265,523.96 confiscation order against Collateral fraudster Andrew Currie
Mr Currie was convicted in 2023 and sentenced to 2 years 6 months imprisonment for defrauding investors through the collapsed peer-to-peer lending platform Collateral (UK) Ltd. He diverted funds from Collateral investors and used them for personal gain, including the purchase of a property in Spain. At a hearing at Southwark Crown Court on 9 January 2026, Mr Currie was ordered to pay £265,523.96. This amount represents the total value of assets the court determined were still
4 hours ago


FCA highlights good practice and risks in complex ETPs for retail investors
Complex ETPs are a subset of the wider ETP market and include high-risk investment strategies that can be difficult for retail consumers to understand. We assessed how firms of different sizes and business models evaluate these products, communicate key risks and monitor outcomes under the Consumer Duty. Given the complexity and risk profile of ETPs, it is essential firms make sure investors have the knowledge they need to make informed investment decisions. We found some fir
4 hours ago


Hong Kong Customs strengthens enforcement against unlicensed money services on social media platforms
In recent years, Hong Kong Customs has noted an increasing trend in cases involving unlicensed money services provided through social media platforms. To effectively combat such illegal activities, Customs has intensified online patrols and enforcement efforts, and detected 23 cases of unlicensed money service operations and arrested 24 individuals in 2025, of which 22 cases involved the use of social media platforms. During the investigation of the unlicensed money service o
4 hours ago


SFC obtains disqualification order against former executive director of National United Resources Holdings Limited
The Securities and Futures Commission (SFC) has obtained a disqualification order in the Court of First Instance against Mr Lo Ka Wai, a former executive director of National United Resources Holdings Limited (NUR) (Notes 1 to 3). Lo was disqualified for a period of three years from being a director, liquidator, receiver or manager of, or being involved in the management of, any listed or unlisted corporation in Hong Kong. Lo was also ordered to pay the SFC’s costs in the pro
4 hours ago
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