Hong Kong Deposit Protection Board Highlights Achievements in 2024-2025 Annual Report
The Hong Kong Deposit Protection Board's 2024-2025 Annual Report reveals key enhancements to the Deposit Protection Scheme, including a new...
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Hong Kong Mortgage Market Sees Uptick in Applications for January 2025
The Hong Kong Monetary Authority reports a 3.3% increase in mortgage applications for January 2025, while approved loans decrease by...
Hong Kong Monetary Authority to Conduct Tender for 2-Year Exchange Fund Notes in February 2025
The Hong Kong Monetary Authority (HKMA) announces a tender for 2-year Exchange Fund Notes on February 21, 2025, offering HK$1,200...
Hong Kong’s Mortgage Market Sees Uptick in November 2024
Hong Kong Monetary Authority reports a 9.7% increase in mortgage applications for November 2024, with loans approved reaching HK$24.2 billion....
Hong Kong Monetary Authority Penalizes China CITIC Bank for AML Violations
The Hong Kong Monetary Authority has fined China CITIC Bank International Limited HK$4 million for breaches of the Anti-Money Laundering...
HKMA Imposes Penalty on WeChat Pay Hong Kong for AML Failures
The Hong Kong Monetary Authority has fined WeChat Pay Hong Kong Limited HK$875,000 for contravening anti-money laundering regulations. (Read More)
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...
HKMA Hosts Seminar on Banking Sector Support for SMEs
The HKMA, along with key banking associations, hosted a seminar to discuss support measures for SMEs, benefiting around 7,000 businesses...
HK SFC: Sentencing Adjourned in Market Manipulation Case
Sentencing in a significant market manipulation case has been postponed, according to the Securities and Futures Commission. (Read More)
Hong Kong Mortgage Corporation Reports HK$260 Million Loss for 2023 Amid Market Challenges
Hong Kong Mortgage Corporation Limited (HKMC) announces a HK$260 million loss for 2023, citing market-driven challenges. (Read More)
Breaking: Bybit Receives Unlicensed Operation Warning from HK SFC
Hong Kong's SFC has issued a public warning against the unlicensed virtual asset trading platform Bybit, advising caution for potential...
