ADVERTISEMENT
Hong Kong
Fintech / Regtech
HKMA, PBOC Explore Use of CBDC for Cross-border Payments
By Editors | 26/04/2023
HKMA deputy chief Darryl Chan said there is scope to expand the Wealth Management Connect scheme and use CDI data for cross-border finance.
Market Infrastructure
Stock Connect Trading Calendar Enhancements Take Effect
By Editors | 25/04/2023
The enhancements will add about 10 trading days to northbound and southbound Stock Connect each year.
ESG / Sustainability
GBA Green Finance Alliance Launches Technology Working Group
By Editors | 25/04/2023
At a meeting hosted by the HKGFA, the Alliance launched a technology working group and unveiled plans to form another working group focused on transition finance.
AML / KYC
OFAC Sanctions Three for Facilitating Lazarus Group Activities
By Editors | 25/04/2023
China-based and Hong Kong-based crypto traders and a North Korean national were sanctioned for laundering illegal proceeds for Lazarus Group.
ESG / Sustainability
HKMA Enhances Climate Risk Stress Testing Framework
By Manesh Samtani | 24/04/2023
Key enhancements include the introduction of a new five-year scenario, additional assessment requirements, and more detailed reporting requirements.
ESG / Sustainability
Hong Kong the Top Market for ESG Investment Training
By Manesh Samtani | 24/04/2023
Paul Moody explains why CFA Institute has seen more growth around its ESG certificate in Hong Kong than in any other market globally.
Crypto / Digital Assets
HK CBDC May Be Developed on Permissioned Blockchain
By Sanday Chongo Kabange | 21/04/2023
The HKMA has asked banks to “review and research and then propose” an implementation approach for the e-HKD.
Crypto / Digital Assets
HK Court Declares Crypto is Property That Can be Held on Trust
By Editors | 19/04/2023
The ruling was related to the March 2019 winding up of Gatecoin, which suffered a hack in 2016 and lost around $2mn in digital assets.
ESG / Sustainability
HKEX: Climate-related Disclosures to Become Mandatory in 2024
By Manesh Samtani | 16/04/2023
New rules aligned with the TCFD recommendations and the ISSB Climate Standard will become effective in January 2024.
Almost $3b Locked Up in Hong Kong MPF Accounts
By Editors | 14/04/2023
Advocacy group Hong Kong Watch estimates 96,000 people are being prevented from access their MPF funds after they moved to the UK with BNO passports.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.