Tag: Hong Kong

Hong Kong’s SFC introduces climate risk requirements for fund managers

Hong Kong’s Securities and Futures Commission (SFC) will require fund managers to take climate-related risks into consideration in their future investment and risk management processes.

HKMA sets out four-step initiative to drive bolstered RegTech adoption

The Hong Kong Monetary Authority (HKMA) has outlined four actions to promote the use of RegTech in the Hong Kong banking sector.

Mox, Mastercard team to launch new tool to simplify card payment...

Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.

Hong Kong could introduce mandatory climate disclosures as early as 2022,...

The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.

HKMA unveils new guide to aid banks with RegTech solution implementation

The Hong Kong Monetary Authority (HKMA) has introduced a Regtech Adoption Practice Guide that aims to offer banks with guidance on how to implement RegTech solutions.

HKMA launches strategy for bolstering Hong Kong FinTech market

The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

Hong Kong-based Ignatica said to close $7m pre-Series A round

Ignatica, a plug & play SaaS insurance platform, has reportedly bagged $7m in its pre-Series A funding round.

WeLab secures $75m in Series C1 round led by Allianz to...

Hong Kong-based FinTech unicorn WeLab raised $75m in new Series C1 funding round led by Allianz.

Money laundering rules in Hong Kong are about to get stricter

A Hong Kong regulator is about to make the region's money laundering rules even stricter to prevent illicit funds from flowing out of mainland China.

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