AI, Technology & Data

Anti-Money Laundering

HKMA Seeking “System Reset” to Enhance Response to Financial Crime

By Manesh Samtani | 02/04/2025

HKMA to work with banks on AI adoption action plans, develop a payment data analytics solution, and support greater information sharing.

AI Risk & Governance

Hong Kong PCPD Issues Guidance on Employee Use of GenAI

By Sanday Chongo Kabange | 02/04/2025

The guidance is intended to help organisations in developing internal policies on the use of GenAI by employees to execute their responsibilities.

Anti-Money Laundering

The Final Countdown: Practical Steps for Meeting Australia’s ‘Tranche 2’ Deadline

By Nathan Lynch | 02/04/2025

Only an April Fool would ignore the tight deadline for compliance with Australia’s Tranche 2 anti-money laundering reforms, writes Nathan Lynch.

Anti-Money Laundering

Hong Kong Gazettes Bill to Facilitate Financial Crime Info-Sharing

By Sanday Chongo Kabange | 01/04/2025

The bill proposes to introduce a voluntary mechanism for AIs to share information through secure HKMA-designated platforms.

Cybersecurity

SEBI Extends Cybersecurity Compliance Deadline Again

By Nithya Subramanian | 01/04/2025

SEBI has extended the deadline for REs to implement the cybersecurity framework until 30 June 2025, providing additional time for compliance.

AI Risk & Governance

SFC Launches New AI Market Scanning Detection Model

By Sanday Chongo Kabange | 01/04/2025

The SFC is using AI-empowered analytics to identify red flags in listed companies early, so that issues can be addressed before they escalate.

Structural Regulation

HKMA Launches New Banking Regulatory Document Repository

By Sanday Chongo Kabange | 01/04/2025

The new portals are designed to facilitate the dissemination of regulatory documents to the public and to AIs.

Payments & Settlements

FSB Launches Forum on Cross-Border Payments Data

By Mark Johnston | 28/03/2025

The initiative aims to enhance cross-border payments by improving dialogue and strengthening cooperation on data-related issues.

Fraud, Scams & Cybercrime

Financial Crime Fighters Set to Gather in Hong Kong

By Manesh Samtani | 28/03/2025

The HKMA and GCFFC are bringing together financial crime fighters from around the world amid an increasingly complex threat landscape.