Hong Kong

    AML / KYC

    SFC Urges Industry Action Amid 40pc Surge in Investment Fraud

    By Sanday Chongo Kabange | 11/03/2026

    Regulator reveals that a 24/7 payment-freeze mechanism has intercepted over 50 percent of targeted criminal funds, calling for greater industry cooperation.

    ESG / Sustainability

    HKMC Boosts Reverse Mortgage Payouts, Launches Green Property Incentive

    By Sanday Chongo Kabange | 10/03/2026

    HKMC is increasing reverse mortgage payouts funded by a social bond, and offering cash incentives for mortgages on green-rated properties.

    Fintech / Regtech

    HKMA Directs Banks to Develop Strategic Plans for DLT, AI Adoption

    By Sanday Chongo Kabange | 10/03/2026

    HKMA has given lenders six months to devise board-approved strategic plans for adapting to new technologies.

    Fintech / Regtech

    Visa, ANZ and Fidelity Pilot Tokenised Cross-Border Settlement

    By Sanday Chongo Kabange | 09/03/2026

    Consortium of financial institutions tests atomic settlement for tokenised funds using e-HKD under the HKMA programme.

    Hong Kong MPFA to Review Pension Contribution Caps

    By Editors | 09/03/2026

    The MPFA is reviewing mandatory contribution levels, unchanged for over a decade, with recommendations due by mid-2026.

    AML / KYC

    Hong Kong Insurance Authority Fines Three Brokers for AML Breaches

    By Sanday Chongo Kabange | 09/03/2026

    The action follows an investigation that found deficiencies in customer due diligence and record-keeping, amid heightened regulatory scrutiny of the sector.

    Chinese Regulators Probe Mideast Risk as Banks Cut Exposure

    By Editors | 09/03/2026

    Hong Kong and mainland authorities are ordering risk reviews as financial firms halt loans, trim bond holdings, and cease some trading in the region.

    AML / KYC

    Hong Kong AFRC Fines Audit Firms in First-Ever AML Disciplinary Actions

    By Sanday Chongo Kabange | 06/03/2026

    The AFRC sanctioned a PIE auditor and two smaller firms for failures in customer due diligence, risk assessments, and sanctions screening.

    Securities / Derivatives

    SFC Tightens IPO Underwriter Scrutiny, Causing Hiring Delays - Reports

    By Editors | 06/03/2026

    The SFC has intensified checks on IPO underwriters, citing poor submission quality and creating recruitment challenges for brokerages.

    Capital / Liquidity

    Hong Kong Banks Extends Loan Relief for Tai Po Fire Victims

    By Sanday Chongo Kabange | 06/03/2026

    HKMA and HKAB announce extended loan repayment holidays and flexible mortgage arrangements for residents affected by the Wang Fuk Court fire.

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