Enforcement

SFC, HKEX Take Joint Action Against Listed Company, Former Directors

17/01/2025

The SFC and HKEX said the former directors of mobile gaming company FingerTango misused IPO proceeds after the company went public in 2018

Crypto / Digital Assets

SFC Extends ‘Swift Licensing Process’ to New VATP Applicants

17/01/2025

The SFC released a circular detailing the new licensing process as well as inspection findings identifying deficiencies in VATP systems and processes.

Fintech / Regtech

FTAHK Establishes Strategic Advisory Council for AI

17/01/2025

The FTAHK AI Strategic Advisory Council will explore and help promote responsible AI in Hong Kong’s financial sector.

Fintech / Regtech

Philippine Banks to Launch PHP Stablecoin Later This Year

16/01/2025

UnionBank, RCBC, Cantilan Bank and Rural Bank of Guinobatan are collaborating to launch a peso-backed stablecoin known as PHPX

Market Infrastructure

Pakistan Explores Secondary Listings on Hong Kong Exchange

16/01/2025

Pakistan will also issue yuan-denominated panda bonds in June with the aim of raising funds from Chinese investors

AML / KYC

Australia Launches Nationwide Scam Awareness Campaign

16/01/2025

The ‘Fighting Scams Campaign’ aims to increase awareness and action of “three simple, memorable steps” to safeguard against scams.

Securities / Derivatives

Hong Kong LegCo Passes Bill to Enable Treasury Share Regime

16/01/2025

The bill promotes paperless corporate communications and allows Hong Kong-incorporated listed companies to buy and hold treasury shares.

Market Infrastructure

HKMA, PBOC Unveil Measures to Further Deepen Connectivity

15/01/2025

The measures include a new trade finance liquidity facility for CNY funds and an expansion of the Southbound leg of Bond Connect, among others

Philippine SEC Directs Listed Firms to Disclose Auditor Fees

15/01/2025

Listed firms must disclose the fees paid to external auditors in their annual financial statements for the period ending 31 December 2024, and thereafter.