AML / KYC

HKMA Refines Rules for Onshore RMB Cross-Border Trade Conversion

30/06/2025

HKMA has updated rules for CNY cross-border trade conversions, clarifying bank obligations under the RMB settlement scheme.

AML / KYC

Hong Kong Consults on Virtual Asset Rules for OTC Dealing and Custodians

30/06/2025

FSTB and SFC are consulting on virtual asset regulatory regimes for OTC trading services and custodian services.

Crypto / Digital Assets

Hong Kong Unveils Second Policy Statement on Digital Assets Development

27/06/2025

The latest policy statement on digital assets development introduces the so-called "LEAP" framework and builds on the 2022 policy.

Enforcement

Hong Kong ICAC Charges Ex-HSBC Bankers with Bribery

27/06/2025

Former HSBC bank employees and intermediaries accept bribes for assisting clients of the intermediaries to open bank accounts.

Market Infrastructure

HKMA, AIIB Agree to Support Emerging Asia Venture Capital

27/06/2025

HKMA and AIIB will collaborate to invest in a portfolio of VC funds that prioritise green technology across emerging markets in Asia.

Crypto / Digital Assets

Hong Kong Issues Second Policy Statement on Digital Assets

27/06/2025

The new policy statement introduces the “LEAP” framework, building on the first policy statement issued in October 2022.

Market Infrastructure

ASIC Appoints Expert Panel for ASX Governance Inquiry

26/06/2025

ASIC says the inquiry panel will make recommendations by 31 March 2026 to address shortcomings within ASX Group.

Market Infrastructure

APRA Intensifies Scrutiny of Super Fund Expenditure Decisions

26/06/2025

APRA is calling for a greater focus on member outcomes and robust expenditure management frameworks.

AML / KYC

ASIC Issues Updated Guidance to Combat “Share Sale Fraud”

26/06/2025

Other APAC regulators have also taken measures to prevent share sale fraud resulting from unauthorised access to securities accounts.