Tag: Hong Kong

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?

The Hong Kong Monetary Authority (HKMA) has issued a set of principles guiding banks on the transition to a net zero economy.

The GFANZ has recently made significant strides into Asia with its most newest member: the Hong Kong Chapter.

The Hong Kong Monetary Authority (HKMA) is aiming to make Hong Kong a leading FinTech hub through a 12-month road map.

The Hong Kong Monetary Authority (HKMA) and the Saudi Central Bank (SAMA) have recently initiated a partnership.

In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.

Hong Kong-based OneDegree Group, a leader in digital asset insurance and generative AI-enabled InsurTech solutions, has successfully garnered a significant amount of funding in their recent investment round.

BOCI has taken a significant stride in the FinTech realm by launching the first-ever tokenised security in APAC.

All issuers listed on the Hong Kong Stock Exchange (HKEX) will be required to provide climate-related disclosures beginning January 2024.

The Securities and Futures Commission (SFC) of Hong Kong has launched a consultation on the proposed requirements for operators of virtual asset trading platforms.