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HKMA Imposes HK$10 Million Fine on DBS Bank (Hong Kong) for AML Failures

HKMA Imposes HK$10 Million Fine on DBS Bank (Hong Kong) for AML Failures

HKMA has imposed a HK$10 million penalty on DBS Bank (Hong Kong) for breaches of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.

Hong Kong Mortgage Corporation Appoints Colin Pou as New CEO

Hong Kong Mortgage Corporation Appoints Colin Pou as New CEO

The Hong Kong Mortgage Corporation Limited (HKMC) has appointed Colin Pou Hak Wan as the new CEO, effective December 2024, succeeding Raymond LC Li.

Hong Kong Proposes Regulatory Framework for Stablecoin Issuers

Hong Kong Proposes Regulatory Framework for Stablecoin Issuers

The Hong Kong Monetary Authority and FSTB release consultation conclusions on a legislative proposal for stablecoin regulation.

HKMA Reveals Participants for Stablecoin Issuer Sandbox

HKMA Reveals Participants for Stablecoin Issuer Sandbox

The Hong Kong Monetary Authority (HKMA) has announced the participants of its stablecoin issuer sandbox, fostering the development of Hong Kong's stablecoin ecosystem.

Hong Kong Successfully Issues HK$25 Billion in Green Bonds

Hong Kong Successfully Issues HK$25 Billion in Green Bonds

The HKSAR Government has issued HK$25 billion in green bonds, attracting global investors with over HK$120 billion in orders.

Standard Chartered, Animoca Brands, and HKT Collaborate in HKMA Stablecoin Issuer Sandbox

Standard Chartered, Animoca Brands, and HKT Collaborate in HKMA Stablecoin Issuer Sandbox

Standard Chartered, Animoca Brands, and HKT are joining forces in the HKMA’s stablecoin issuer sandbox to explore digital asset innovations.

SFC and HKMA Release Updated List of Financial Service Providers for OTC Derivatives

SFC and HKMA Release Updated List of Financial Service Providers for OTC Derivatives

The SFC and HKMA have published their annual updates to the list of financial services providers under the OTC derivatives regulatory regime.

HKMA and SFC Announce Annual Updates to Financial Services Providers List

HKMA and SFC Announce Annual Updates to Financial Services Providers List

The HKMA and SFC have concluded their annual updates to the Financial Services Providers list under the OTC derivatives regulatory regime.

SFC Issues Warnings Against Tokencan, VBIT Exchange, and HKD.com for Fraud and Unlicensed Activities

SFC Issues Warnings Against Tokencan, VBIT Exchange, and HKD.com for Fraud and Unlicensed Activities

The SFC has issued warnings about Tokencan, VBIT Exchange, and HKD.com Corporation for suspected virtual asset-related fraud and unlicensed activities.

Hong Kong Monetary Authority Warns Against Unauthorized Banking Activities

Hong Kong Monetary Authority Warns Against Unauthorized Banking Activities

The HKMA alerts the public about unauthorized banking activities by a firm operating without proper authorization in Hong Kong.

HKMA Warns Public About Fraudulent Website and Phishing Emails Linked to China CITIC Bank International

HKMA Warns Public About Fraudulent Website and Phishing Emails Linked to China CITIC Bank International

The Hong Kong Monetary Authority (HKMA) alerts the public about a fraudulent website and phishing emails linked to China CITIC Bank International Limited.

SFC and HKMA Endorse PBoC’s New Measure on Northbound Swap Connect

SFC and HKMA Endorse PBoC’s New Measure on Northbound Swap Connect

The SFC and HKMA have expressed support for the PBoC's new measure on Northbound Swap Connect margin collateral arrangement, aimed at enhancing market stability.

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