Capital / Liquidity

HKMA Launches New RMB Trade Financing Liquidity Facility

04/03/2025

The HKMA announced the first batch of 24 participating banks, allocating them half of the facility’s total size of CNY 100 billion

Capital / Liquidity

HKMA Eyes Supply Chain Opportunities for Hong Kong

03/03/2025

A working group has drawn up recommendations to help develop Hong Kong into a multinational supply chain management centre.

AML / KYC

Philippine Lawmaker Proposes Bill to Establish Anti-Scam Centre

27/02/2025

Senator Mark Villar said the proposed “Philippine Scam Prevention Center” will complement the recently enacted AFASA law.

ESG / Sustainability

Hong Kong Enhances ESG Disclosure Rules for MPF Funds

26/02/2025

MPF trustees are directed to review disclosures in MPF scheme brochures and make necessary updates and revisions by 30 September 2025.

Market Infrastructure

BSP Issues Guidance on Handling New Banknotes

26/02/2025

The BSP also directed banks to facilitate the removal of damaged banknotes and coins from circulation.

Enforcement

OAIC Accepts Oxfam Australia Enforceable Undertaking

26/02/2025

The enforceable undertaking requires Oxfam Australia to implement a range of measures designed to enhance personal data protection.

Hong Kong Gazettes Legal Notices for eMPF Platform Onboarding

26/02/2025

The legal notices serve to enforce the mandatory use of the eMPF Platform for three MPF schemes administered by Principal Trust Company (Asia) Limited.

Fintech / Regtech

BSP Issues Draft Rules for Digital Marketplace Operators

26/02/2025

The draft guidelines will allow banks and EMIs to offer their own products as well as those from third-party providers via a single “digital marketplace” platform.

Market Infrastructure

BSP Forms New Cyber Resilience Governance Council

25/02/2025

The council aims to foster a safe, secure, and resilient financial system by promoting strong cybersecurity practices, governance, and collaboration.