Tag: Hong Kong

Hong Kong, Saudi Arabia forge partnership for FinTech innovation

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

Navigating the labyrinth of FATCA and CRS compliance in the APAC...

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

Digital asset InsurTech leader OneDegree Group raises $55m in Series B

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.

Asia witnesses its first tokenised security via Bank of China’s BOCI

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

HKEX to require climate reporting from all issuers from 2024

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

SFC unveils consultation on visual asset trading platform regulation

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

Hong Kong raises $5.8bn in green bond issuance

The Hong Kong government has completed a green bond issuance, raising $5.75bn in a triple-currency offering.

xalts raises $6m for its digital asset ecosystem platform

xalts, an investment management platform supporting the digital asset ecosystem, has raised $6m in funding.

HKMA imposes HK$11m penalty on Cathay United Bank

The Hong Kong Monetary Authority (HKMA) has fined Cathay United Bank’s Hong Kong branch HK$11m following an investigation.

Hong Kong-based PayTech KPay closes $10m

Hong Kong-headquartered PayTech startup KPay Merchant Service has raised $10m in a funding round.

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