Hong Kong Monetary Authority

Market Infrastructure

HKMA Strengthens Benchmark Submission Rules for Banks

By Manesh Samtani | 09/09/2025

The HKMA has updated its HIBOR submission guidance, introducing stricter requirements for independent reviews and the assessment of internal control effectiveness.

AML / KYC

Hong Kong’s New AML Info-Sharing Law to Start in November

By Manesh Samtani | 08/09/2025

The voluntary mechanism will allow banks and law enforcement to share account data via secure platforms to combat fraud and money laundering.

Crypto / Digital Assets

Hong Kong's Stablecoin Regime Attracts 77 Expressions of Interest

By Editors | 02/09/2025

The HKMA has received expressions of interest from banks, tech firms, securities firms and asset managers, among others.

Securities / Derivatives

Hong Kong Details Progress on Green Finance, ISSB Roadmap

By Manesh Samtani | 01/09/2025

Christopher Hui outlined Hong Kong's market leadership, a 2028 timeline for ISSB adoption, and plans for more tokenised government green bonds.

Fintech / Regtech

HKMA Adds 'Deepfake' Guidance to E-Banking Security Framework

By Sanday Chongo Kabange | 27/08/2025

The HKMA has expanded its e-banking security framework, adding a new component to tackle deepfake risks and detailing specific verification and customer education practices.

Enforcement

SFC Fines HSBC HKD 4.2m for Research Disclosure Breaches

By Sanday Chongo Kabange | 26/08/2025

The SFC cited years of systemic data and control deficiencies that led to thousands of incorrect disclosures in investment research reports.

Securities / Derivatives

Hong Kong Launches Enhanced Arrangements for RMB Bond Repo

By Manesh Samtani | 26/08/2025

The new arrangements allow re-use of Chinese bond collateral and facilitate cross-currency trades saw over CNY 3 billion in transactions on debut.

Fintech / Regtech

Hong Kong Banks Propose ID Verification Platform to Handle Mainland Customers

By Sanday Chongo Kabange | 25/08/2025

Hong Kong banks are reportedly calling on regulators to establish a new channel to enable them to verify Mainland customers' identities.

AML / KYC

Hong Kong Banks Target Laundering Through Business Accounts

By Nathan Lynch | 25/08/2025

Hong Kong banks are seeking to balance financial crime prevention with the need to support business growth and SMEs operating in the city.