HONG KONG

Market Infrastructure

HKEX Calls on Firms to Prepare for Handling Multi-Counter Securities

By Sanday Chongo Kabange | 25/04/2025

HKSCC is asking market participants to review their internal systems and operation arrangements to ensure a smooth transition in June.

AML / KYC

SFC Imposes Six Month Ban on Former Executive of CSC Futures

By Sanday Chongo Kabange | 23/04/2025

The SFC said the former senior manager failed to discharge his duties as a responsible officer, resulting in AML/CFT failures by CSC Futures.

AML / KYC

Coordinated and Agile Response Needed to Address Financial Crime Threats in APAC

By Bradley Maclean | 22/04/2025

Regulation Asia Co-founder Bradley Maclean discusses newly published research and what the findings say about the ongoing fight against financial crime.

Sanctions

US Lawmaker Urges JPM, BofA to End Involvement in CATL’s Hong Kong IPO

By Manesh Samtani | 21/04/2025

Letters to the two banks say they would risk complicity in “underwriting genocide” if they sponsor the Hong Kong IPO by CATL, the world’s largest battery maker for EVs.

Fintech / Regtech

Hong Kong DPO Publishes Technical and Application Guideline for GenAI

By Editors | 21/04/2025

The guideline is intended to facilitate the development and application of generative AI technology in a safe and responsible manner

Fintech / Regtech

HKMA Issues Guidance on Defending Against DDoS Attacks

By Manesh Samtani | 21/04/2025

HKMA shares key learnings from DDoS incidents in Hong Kong that resulted in service impacts and disruptions for customers

HKMA Calls on AIs to Join Banking Industry Integrity Charter

By Editors | 21/04/2025

The Charter was launched in October 2024 to enhance anti-corruption capabilities in Hong Kong’s banking sector. To date, 48 AIs have joined the initiative.

Securities / Derivatives

Hong Kong to Start Implementing Paperless Securities Market in 2026

By Editors | 21/04/2025

Legislative processes for the implementation of the USM initiative have been completed. All issuers will transition to paperless securities by 2031.

Securities / Derivatives

HK Prepares for Homecoming of US-Listed Chinese Firms

By Manesh Samtani | 17/04/2025

Hong Kong official Paul Chan has asked the SFC and HKEX to prepare for Chinese companies in the US that may wish to return.