Tag: Hong Kong

The HKMA has initiated Phase 2 of the e-HKD Pilot Programme, known as Project e-HKD+, on September 23.

Singapore-based investment platform Syfe, established in 2017, has successfully raised $27m in a Series C funding round.

Standard Chartered, a prominent player in the financial sector, has unveiled a cutting-edge product aimed at enriching its corporate banking portfolio.

Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.

Hong Kong-based FinTech company, FundPark, has secured a $250m private loan led by HSBC.

The Hong Kong Monetary Authority (HKMA) is considering making its green taxonomy framework mandatory for the banking sector

ThoughtLab conducted a comprehensive survey in September / October 2023 of 250 investment providers. These include broker-dealer/wire-houses, private banks, online trading platforms, wealth management...

The HK SFC is sponsoring the International Capital Market Association (ICMA) to form a dedicated working group on ESG.

The IA, a regulatory body overseeing the insurance sector in Hong Kong and the ICAC have entered into an agreement.

Financial institutions play a pivotal role in preventing money laundering. Over the past 18 months, government bodies have frequently highlighted shell companies as significant red flags in anti-money laundering (AML) activities. Consequently, one must ask, is your institution actively identifying shell companies in its transactions? More importantly, can it detect shell companies with tangible sanctions and watchlist links?