Hong Kong

Crypto / Digital Assets

SFC Grants Licence Upgrade Allowing Tiger Brokers to Offer Crypto

By Editors | 26/01/2024

Tiger Brokers said it is one of the first mainstream online brokerage firms in Hong Kong to receive approval for such a licence upgrade.

ESG / Sustainability

Hong Kong to Launch New Subsidy Scheme for Green Fintech

By Manesh Samtani | 26/01/2024

The scheme will provide early-stage funding for pre-commercialised green fintech companies, said Hong Kong official Salina Yan.

Crypto / Digital Assets

Tokenised Securities Market Gears Up for Regulatory Evolution

By Ranamita Chakraborty | 26/01/2024

As the tokenised securities market evolves, industry experts are looking forward to refinements in regulatory frameworks to support its growth.

Market Infrastructure

HKMA, PBOC Unveil Policy Measures to Deepen Financial Cooperation

By Sanday Chongo Kabange | 25/01/2024

Securities firms are allowed to sell financial products directly via Wealth Connect and the individual investor quota has been tripled.

Crypto / Digital Assets

Value Partners, VSFG Partnering to Launch Spot Bitcoin ETF

By Editors | 24/01/2024

Value Partners Hong Kong and Venture Smart Financial Holdings have signed an MoU to collaborate on the launch of a spot Bitcoin ETF in Hong Kong this year.

Market Infrastructure

Hong Kong, Saudi Arabia Agree to Deepen Financial Market Connectivity

By Editors | 24/01/2024

The MoU covers collaboration to support capital market connectivity, conduct joint research, and enhance cross-border investments, among other areas.

AML / KYC

HKMA Proposes to Extend FINEST to Personal Account Data

By Sanday Chongo Kabange | 24/01/2024

The HKMA is seeking to extend FINEST, a bank-to-bank information sharing platform launched in June, to allow sharing of personal account information.

ESG / Sustainability

Hong Kong SFC Outlines Strategic Priorities for 2024-2026

By Sanday Chongo Kabange | 24/01/2024

The SFC will explore potential connect initiatives with other markets, embrace tokenisation of traditional products, and introduce AI in its workflows.

Crypto / Digital Assets

HK’s Stablecoins Regime to Streamline Cross-border Transactions

By Nithya Subramanian | 24/01/2024

Consistent regulatory approach globally and technical standardisations across different blockchains will be key to widespread adoption of stablecoins.