Payments & Settlements

Hong Kong, Indonesia and China Ink Local Currency Settlement Deal

12/06/2026

A new framework will allow direct settlement in offshore yuan and rupiah for trade and investment between Hong Kong and Indonesia.

Tokenisation

HKMC Issues World's Largest Digital Bond at HKD 12 Billion

12/06/2026

The HKMC has set a new global benchmark with its triple-tranche digital bond, leveraging the CMU’s DLT platform.

Trading & Investment

SFC Chair Urges Chinese Asset Managers to Leverage Hong Kong for Global Growth

11/06/2026

The SFC has set out key expectations for mainland asset managers, focusing on overseas expansion, innovation, and quality-led growth to serve the real economy.

Trading & Investment

Hong Kong Officials Reassure on China’s Capital Crackdown

11/06/2026

Hong Kong’s Financial Secretary and exchange chief have clarified that China’s regulatory actions target illegal investments, with approved channels remaining robust and set for expansion.

Emerging Prudential Risks

SFC Urges Firms to Adopt New Habits for Emerging Risks

11/06/2026

SFC official calls on FIs to move beyond traditional risk silos and embed new leadership habits to manage an increasingly complex and interconnected risk environment.

Tokenisation

HKMA Promotes Tokenisation to Boost Corporate Treasury Hub Status

11/06/2026

The HKMA is encouraging corporate treasurers to adopt tokenisation, aligning with a new government plan to develop corporate treasury centres.

Market Abuse

Australia: KPMG, Lendlease, Law Firms Face Parliamentary Inquiry

11/06/2026

A federal parliamentary inquiry will scrutinise allegations of data misuse at KPMG, calling top executives from the firm, its clients, and legal advisors to testify.

Emerging Prudential Risks

Philippines Flags Corporate Debt Risks, Outlines New Policy Buffers

11/06/2026

Regulators are monitoring a PHP 1.6 trillion corporate debt wall and rising leverage, preparing to activate new capital and oversight measures to safeguard financial stability.

Anti-Money Laundering

CBA's New Zealand Unit Hit With Record Penalty for AML Breaches

11/06/2026

ASB Bank, a subsidiary of Australia’s Commonwealth Bank, has been fined a record NZD 6.7 million for systemic anti-money laundering failures.