A Crowdfunding Affairs Office will be set up to centrally process and coordinate regulatory and administrative matters related to crowdfunding activities.
January 3, 2023New licensing regime for VASPs will start on 1 June 2023. New registration regime for precious metals dealers will start on 1 April 2023.
December 8, 2022In the four weeks since its launch, Core Climate has recorded more than 40 trades, representing around 400,000 tonnes of carbon credits.
November 25, 2022The bill, to be introduced for LegCo's first reading on 30 November, will exempt market makers in dual-counter stocks from stamp duty.
November 21, 2022A new policy statement to be issued at Hong Kong FinTech Week may spell out plans to include retail investors in the city's VASP regime.
October 17, 2022A market-maker system will be established to facilitate yuan-denominated stock trading. Stamp duty will be waived for market makers providing liquidity for yuan shares.
October 3, 2022The government will also dedicate resources towards providing training aimed at developing local ESG talent. Applications for a fintech subsidy scheme will open on 10 September.
September 7, 2022VC firms, sovereign wealth funds, and PE funds that set up in the Qianhai free-trade zone will be given cash grants, rental subsidies, and other rewards.
September 5, 2022Hong Kong official Christopher Hui says regulations for banks and money lenders on providing unsecured credit already cover BNPL services.
June 5, 2022The government will issue a consultation this year proposing a licensing or registration requirement for crowdfunding platforms in Hong Kong.
April 20, 2022