Hong Kong

Big Picture

Hong Kong Trust Industry Facing Regulatory Challenges

By Mark Johnston | 23/03/2025

HKTA and KPMG published a report shedding light on the state of  Hong Kong’s trust industry, including mounting compliance costs and regulatory challenges.

Market Infrastructure

Hong Kong SFC Issues Further IPO Subscription Guidance

By Sanday Chongo Kabange | 21/03/2025

The SFC has directed licensed corporations to stop engaging in “imprudent and aggressive” IPO financing practices.

Enforcement

SFC Impose 14-Month Ban on Former Fund Manager

By Sanday Chongo Kabange | 21/03/2025

The SFC said the action is related to disciplinary actions against “other related entities” concerning the management of various private funds.

Market Infrastructure

OTC Clear to Start Accepting CGBs as Collateral for All Derivatives

By Sanday Chongo Kabange | 20/03/2025

HKEX says the initiative will provide greater flexibility to international investors and improve their capital efficiency.

Fintech / Regtech

HKMA Publishes Research on DLT Adoption in Financial Sector

By Sanday Chongo Kabange | 20/03/2025

The HKMA encourages AIs to review the research paper and leverage its insights to explore DLT-related innovations.

Market Infrastructure

Hong Kong Passes Cybersecurity Law to Protect Critical Infrastructure

By Manesh Samtani | 20/03/2025

The law establishes requirements for operators of critical infrastructure, including in banking and financial services, to safeguard their computer systems from cyberattacks.

Crypto / Digital Assets

What’s Next for OSL? Gary Tiu Discusses Project Ensemble and the Future of Finance

By Nithya Subramanian | 19/03/2025

Gary Tiu, Head of Regulatory Affairs at OSL, discusses the firm’s role in Project Ensemble, its challenges, and the future of tokenised real-world assets.

Big Picture

Asia a Key Destination as Crypto Startups Exit Europe

By Thisanka Siripala | 18/03/2025

The report says 75% of Europe’s virtual asset service providers could lose registration under MiCA by mid-2025.

Capital / Liquidity

Hong Kong IA Consults on Disclosure Rules for Insurers

By Sanday Chongo Kabange | 18/03/2025

The IA is consulting on disclosure requirements for insurers under Hong Kong’s new risk-based capital regime.