HONG KONG

    Enforcement

    HK Police Arrest 82 in HK$40 Billion Money Laundering Probe

    By Editors | 04/08/2025

    A triad-led syndicate is accused of defrauding banks of over HKD 1 billion and laundering proceeds from illegal activities through a trustee services firm.

    Market Infrastructure

    HKEX Overhauls IPO Rules, Launches New Public Float Consultation

    By Sanday Chongo Kabange | 02/08/2025

    HKEX has finalised significant reforms to its IPO price discovery and allocation mechanisms, effective from August 2025.

    Market Infrastructure

    Hong Kong Touts Stability in Business Report, Flags 'Property Connect' Talks

    By Sanday Chongo Kabange | 01/08/2025

    New government report details plans for wealth management, digital assets, and a potential 'property connect' that allows Mainland buyers to purchase Hong Kong property.

    Crypto / Digital Assets

    Hong Kong Stablecoin Licensing Regime Officially Takes Effect

    By Sanday Chongo Kabange | 01/08/2025

    Hong Kong's new regulatory framework for stablecoins has taken effect, imposing stringent capital, reserves management, and AML requirements on issuers.

    AML / KYC

    DBS Hong Kong Launches Anti-Scam Team to Contain Fraud Threat

    By Manesh Samtani | 01/08/2025

    The bank has established a 24/7 team to combat authorised payment scams in Hong Kong, mirroring the model used by its Singapore parent to safeguard the interests of the bank’s customers.

    Crypto / Digital Assets

    Hong Kong Confirms Plans to Expand Family Office Tax Breaks

    By Manesh Samtani | 01/08/2025

    The expanded tax breaks will cover transactions in digital assets, emission derivatives/allowances, insurance-linked securities, loans, and private credit investments.

    Hong Kong AFRC Flags Audit Fee Pressure and Hasty Appointments

    By Sanday Chongo Kabange | 31/07/2025

    The AFRC reports some improvement in audit quality but warns that intense competition and fee undercutting are creating significant risks for the profession.

    Capital / Liquidity

    APAC Regulators Urge Timely FRTB Implementation in Europe, US

    By Blake Evans-Pritchard | 31/07/2025

    Regulators in Japan, Singapore and Hong Kong worry about the harm divergent implementation timetables cause to their banks.

    Enforcement

    Ex-chair of Listed Firm Surrenders to Hong Kong's ICAC After 14 years

    By Sanday Chongo Kabange | 31/07/2025

    Li Songxiao, former head of Neo-China, faces charges of conspiracy to defraud over HKD 330 million in property deals that allegedly inflated the company's assets.

    Securities / Derivatives

    BOCHK Joins Clearstream, Euroclear Network to Boost APAC Eurobond Access

    By Editors | 30/07/2025

    The appointment expands the international securities depository network, aiming to facilitate primary market activity from the start of the Asian business day.

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