Chief executive Eddie Yue said the HKMA is pursuing initiatives to enhance its use of technology to analyse financial data as part of its efforts in market supervision.
April 19, 2021Foreign financial institutions that knowingly conduct significant transactions with the 24 individuals are subject to sanctions.
March 19, 2021The HKAB updated its guidance for banks after the government said it would no longer recognise BN(O) passports as valid travel documents or forms of identity.
February 9, 2021HKMA deputy chief executive Arthur Yuen says banks will continue to face challenges this year as Hong Kong suffers its worst recession on record.
February 5, 2021Executives who have relocated to Singapore or Tokyo have reportedly received phone calls from Hong Kong government agencies and regulators seeking explanations for the decisions.
January 28, 2021Global businesses that comply with sanctions deemed illegal by MOFCOM can be sued for compensation in Chinese courts.
January 11, 2021A Chinese foreign ministry spokesperson said Beijing would take “firm counter-measures against the malicious actions by the US".
December 9, 2020Four individuals at US-linked nonprofits are barred from entering China, including Hong Kong and Macau, for having “performed badly” over Hong Kong affairs.
December 7, 2020China's Foreign Ministry says the move is a violation of the basic norms governing international relations, urging the US to withdraw the sanctions.
November 11, 2020Implementing US sanctions is unlikely to be considered a breach of the national security law. The SFC has dropped a plan to force cloud providers to share client data.
November 10, 2020