Hong Kong Monetary Authority

Structural Regulation

Hong Kong Gazettes Bill to Overhaul Banking Regulation

By Sanday Chongo Kabange | 08/06/2026

The proposed legislation will introduce a holding company supervision regime, strengthen enforcement powers, and simplify the city’s three-tier banking system.

Clearing & Post-Trade

Hong Kong to Standardise Calculation Periods for Derivatives Clearing

By Sanday Chongo Kabange | 08/06/2026

Regulators will implement permanent calculation periods for the mandatory clearing obligation, following strong industry consensus for a more efficient framework.

KYC & CDD

Hong Kong Grapples With China's Cross-Border Finance Crackdown

By Manesh Samtani | 08/06/2026

Regulators are closing loopholes for offshore investing, prompting a rush for in-person account openings and a chill among private banks.

Tokenisation

Hong Kong Establishes Expert Group to Scale Tokenised Bond Market

By Sanday Chongo Kabange | 08/06/2026

The HKMA has brought together banks, legal firms, and tech providers to explore policy and regulatory enhancements for digital assets.

Conduct, Culture & Accountability

HKMA Issues Rules Capping Upfront Commissions for Insurance Sales

By Sanday Chongo Kabange | 07/06/2026

The HKMA has introduced phased rules to cap upfront commissions for banks and their staff selling participating insurance policies.

Cybersecurity

Hong Kong Unveils AI-Focused Cybersecurity Plan for Enterprises

By Sanday Chongo Kabange | 07/06/2026

New government initiatives aim to help firms manage AI security risks, with a focus on governance, training, and threat detection.

Trading & Investment

HKMA Exploring External Managers for Exchange Fund Mandate - Report

By Sanday Chongo Kabange | 05/06/2026

The HKMA is reportedly seeking external managers for a potential S&P 500 allocation, demanding a low-tracking-error approach and warning of strict performance oversight.

Fraud, Scams & Cybercrime

Hong Kong to Mandate Enhanced Digital ID Checks for Banks to Fight Fraud

By Sanday Chongo Kabange | 05/06/2026

Financial regulators will require banks to integrate the government’s ‘iAM Smart’ digital ID for high-risk processes like remote account opening to combat sophisticated identity theft.

Tokenisation

HKMA Clarifies Classification Conditions for Tokenised Assets

By Editors | 04/06/2026

The regulator has updated its criteria for classifying cryptoassets, clarifying the supervisory requirements for tokenised traditional assets on permissionless blockchains.