HONG KONG

Enforcement

SFC Fines Sino-Rich Securities, Suspends Exec Over Margin Lending Failures

By Editors | 13/05/2025

The SFC said Sino-Rich Securities had inadequate documentation and enforcement of margin lending policies.

ESG / Sustainability

HKMA Launches 2025 Green Fintech Competition

By Editors | 12/05/2025

The focus will be on five themes, including climate risk modelling, carbon market analytics, and sustainable investing, among others.

Sanctions

UK Targets Russian Shadow Fleet with New Sanctions Package

By Manesh Samtani | 11/05/2025

The new sanctions package targets “up to 100 oil tankers” as well as several individuals and entities, including two Hong Kong-based companies.

Securities / Derivatives

CSRC to Ramp Up Efforts to Open Up Market Access

By Editors | 09/05/2025

The CSRC also plans to simplify the approval and account-opening process for qualified foreign institutional investors, among other efforts

Hong Kong IA Authorises HSBC to Establish Captive Insurer

By Sanday Chongo Kabange | 07/05/2025

The new entity, Wayfoong (Asia) Limited, will be the first captive insurer set up by a multinational enterprise based in Hong Kong.

Enforcement

ICAC Charges Four Audit Staff Over False Accountants’ Reports

By Sanday Chongo Kabange | 07/05/2025

The ICAC said the audit staff defrauded their principal as well as HKEX to secure the listing of a Macao construction firm.

Market Infrastructure

Hong Kong Launches Specialist Tech Firm Listing Channel

By Sanday Chongo Kabange | 07/05/2025

Tailored guidance will be provided to specialist technology and biotech companies seeking to list in Hong Kong.

Capital / Liquidity

HKMA Intervenes in Markets as IPO Interest Drives HKD Higher

By Manesh Samtani | 07/05/2025

If new IPOs in Hong Kong such as CATL perform well, capital inflows to the city will likely continue, and more intervention will be needed.

AML / KYC

The Skinny on Scams: Australia, Hong Kong, and Singapore Focus on Financial Deception

By Nathan Lynch | 06/05/2025

Nathan Lynch explores the lessons from the different approaches to managing the sophistication and scale of the burgeoning “scam industry”.