AML / KYC

HK and SG Police Dismantle Cross-Border Scam Syndicate

17/06/2025

The joint operation resulted in 8 arrests and seizures of HKD 18 million in SIM cards used for phone scams.

Enforcement

SFC Imposes Restrictions on GA (Int’l) Capital Management

17/06/2025

GCML said the restriction notice has no effect on its global operations, and that the matter stems from a “third-party client violation” rather than misconduct by the firm.

Enforcement

ASIC Launches Inquiry into “Serious” Capability Failures at ASX

16/06/2025

ASIC will examine ASX’s governance capability and risk management frameworks following repeated and serious failures.

AML / KYC

SBV Revises AML Rules to Secure Exit from FATF Grey List

16/06/2025

The SBV is revising its AML regulations to enhance effectiveness and facilitate Vietnam’s removal from the FATF grey list.

Crypto / Digital Assets

Thailand SEC Consults on Digital Asset Custodian Capital Rules

16/06/2025

The SEC is proposing to ease capital rules for digital asset custodians, while strengthening client asset safeguarding rules.

AML / KYC

HK Customs Working With HKU to Develop Crypto Tracing Tool

16/06/2025

Hong Kong Customs has partnered with HKU to create a tool for tracing illicit activities involving cryptocurrencies.

Market Infrastructure

SFC Finalises Fee Limits for Securities Registrars Under USM Regime

16/06/2025

The SFC’s Rico Leung said the conclusion on ASR fee limits marks a “critical milestone” on the road towards USM implementation.

Crypto / Digital Assets

SFC Chief Outlines Regulator’s ‘One Shield, Three Arrows’ Strategy

14/06/2025

Julia Leung said the strategy focuses on strengthening Hong Kong’s resilience, core competitiveness and connectivity with global markets.

Market Infrastructure

AI-Powered Contact Centre Showing Benefits, Says HK Official

13/06/2025

Hong Kong official Sun Dong said the 1823 Contact Centre’s increased use of AI has boosted efficiency and customer satisfaction.