Hong Kong

Enforcement

SFC Imposes 3-Year Ban on Former Licensee Over Wash Trades

By Sanday Chongo Kabange | 20/06/2025

The former licensed representative of Cinda International Securities executed a total of 109 matched or wash trades in nine stocks, the SFC said.

Market Infrastructure

Hong Kong ‘Actively Pursuing’ Closer Integration With Mainland

By Sanday Chongo Kabange | 20/06/2025

Hong Kong will continue to explore further enhancements to the WMC scheme and ways to broaden Hong Kong professionals’ entry into the Mainland market.

Big Picture

Reforms Urged to Boost Hong Kong as Alternative Investments Hub

By Manesh Samtani | 19/06/2025

FSDC report urges Hong Kong to adopt regulatory reforms to boost alternative investment funds and the startup ecosystem.

AML / KYC

Singapore, Malaysia and Hong Kong Arrest 11 Suspects in Joint Scam Crackdown

By Thisanka Siripala | 19/06/2025

The authorities in Singapore, Malaysia and Hong Kong have arrested eleven individuals suspected of operating a transnational scam syndicate that […]

Fintech / Regtech

Shanghai, Hong Kong Agree 38-Point Action Plan to Deepen Ties

By Editors | 19/06/2025

The action plan includes specific measures such as jointly developing financial products and connecting Hong Kong’s FPS with China’s IBPS.

Enforcement

SFC Suspends Licensed Rep Over Undisclosed Personal Dealings

By Sanday Chongo Kabange | 18/06/2025

The Rifa Securities representative failed to disclose personal securities trading via another brokerage firm for three years.

Crypto / Digital Assets

HKMA Consults on New Return Templates for Reporting Cryptoassets

By Sanday Chongo Kabange | 17/06/2025

HKMA said the revised return templates will help guide system developments of banks as they prepare to implement the BCBS standard.

AML / KYC

HK and SG Police Dismantle Cross-Border Scam Syndicate

By Sanday Chongo Kabange | 17/06/2025

The joint operation resulted in 8 arrests and seizures of HKD 18 million in SIM cards used for phone scams.

Enforcement

SFC Imposes Restrictions on GA (Int’l) Capital Management

By Sanday Chongo Kabange | 17/06/2025

GCML said the restriction notice has no effect on its global operations, and that the matter stems from a “third-party client violation” rather than misconduct by the firm.