Operational Risk

APRA Rescinds 2018 Outsourcing Guidance to Reduce Regulatory Burden

20/02/2025

APRA rescinded its 2018 information paper on cloud outsourcing in light of new operational risk management standards coming into effect in July.

Trading & Investment

Hong Kong Expands “Talent List” for Fast Track Immigration

20/02/2025

The updated talent list includes three additional financial services categories focusing on accounting, Islamic finance and commodities trading.

Reporting & Disclosures

DBS, KPMG Find Climate Disclosure Gaps at HKEX Listed Firms

20/02/2025

More than half of the Hong Kong listed companies analysed are “still silent” on Scope 3 emissions, DBS and KPMG said.

Cryptocurrency

SFC Grants Virtual Asset Trading Platform Licence to Bullish

20/02/2025

The SFC has granted Bullish a licence to operate as a VATP, making it the 10th licence applicant to receive this approval.

Cryptocurrency

SFC Unveils Roadmap for Achieving Virtual Assets Hub Ambitions

20/02/2025

The roadmap includes potentially allowing virtual asset derivatives, margin financing, and staking and lending services.

Supervision & Enforcement

BSP Approves Revised Framework for External Auditor Selection

20/02/2025

The framework allows external auditors to offer services to a wider scope of entities – including digital banks and VASPs.

Payments & Settlements

MPFA Announces Enhancements to eMPF Platform

20/02/2025

Five MPF trustees have been onboarded to the new eMPF platform so far. Seven more will start onboarding starting in March.

Structural Regulation

HKEX Sees First GEM Company Transfer to Main Board Since Reforms

19/02/2025

Civil explosives producer Pizu Group is the first company to use the new streamlined mechanism to transfer from the GEM to the Main Board.

Fraud, Scams & Cybercrime

Australian Police Publishes “Scam Script” Used to Lure Victims

19/02/2025

The AFP published the scam script to promote an understanding of how romance scams are operated and greater vigilance by the public.