Hong Kong

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.

Securities / Derivatives

LME Approves First Four Warehouse Facilities in Hong Kong

By Manesh Samtani | 17/04/2025

Hong Kong’s Christopher Hui said the establishment of LME-approved warehouses will promote the development of the futures market.

AML / KYC

HKMA Directs SVF Licensees to Implement Anti-Scam Measures

By Sanday Chongo Kabange | 15/04/2025

SVF licensees are directed to use the measures set out in a December 2024 circular initially intended for authorised institutions.

Capital / Liquidity

HKMA Finalises Revisions to Credit Risk Mitigation Guidelines

By Manesh Samtani | 15/04/2025

The revised module offers guidance on strengthening the risk management practices of banks that use credit risk mitigants.

AML / KYC

HKMA Unveils New Measures to Bolster E-Banking Security

By Sanday Chongo Kabange | 15/04/2025

Banks must empower customers to adopt bound devices instead of SMS OTPs and deactivate higher risk e-banking functions.