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...
hong kong
Hong Kong Monetary Authority Updates Telemarketing Code to Limit Calls
The Hong Kong Monetary Authority has introduced a revised Code of Practice for telemarketing to enhance consumer protection and limit...
HKMA Releases Q1 2024 Statistics on Stored Value Facilities Schemes
The Hong Kong Monetary Authority (HKMA) published its Q1 2024 statistics on Stored Value Facilities (SVF) schemes, revealing significant growth...
HKMA Releases Q1 2024 Payment Card Statistics Showing Growth in Credit Card Transactions
The Hong Kong Monetary Authority (HKMA) has published the first-quarter 2024 statistics on payment cards issued in Hong Kong, revealing...
SFC Celebrates 35 Years, Outlines Future Vision for Hong Kong’s Capital Markets
The Securities and Futures Commission (SFC) marks its 35th anniversary, detailing strategic plans for Hong Kong's financial future. (Read More)
HKMA Warns Public About Fraudulent Website Impersonating Ant Bank (Hong Kong) Limited
The Hong Kong Monetary Authority alerts the public about a fraudulent website mimicking Ant Bank (Hong Kong) Limited. (Read More)
Hong Kong’s Foreign Currency Reserve Assets Reach $417.2 Billion in May 2024
Hong Kong’s foreign currency reserves hit $417.2 billion in May 2024, per the HKMA. (Read More)
Hong Kong Monetary Authority’s Project mBridge Achieves MVP Milestone
Project mBridge reaches MVP stage, exploring CBDCs for cross-border payments. (Read More)
US-China policy failures highlighted on Tiananmen Square massacre anniversary
The anniversary of the 1989 Tiananmen Square massacre once again brings scrutiny about China’s treatment of dissent and the state...
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)
Results of People’s Bank of China RMB Bills Tender Released by HKMA
Hong Kong Monetary Authority (HKMA) announces the results of the RMB Bills tender held on 22 May 2024. (Read More)
Police bust finds over 700 pounds of drugs inside Transformers statues
Thailand authorities made a startling discovery when they busted open lifesize Transformer robot statues and retrieved over 700 pounds of...
HKMA Forms “Project Ensemble Architecture Community” to Shape Tokenization Standards
The Hong Kong Monetary Authority has established the "Project Ensemble Architecture Community" to promote interoperability among WCCBDCs and tokenized assets,...
Hong Kong implements ban on Styrofoam products and single-use plastic
Hong Kong has long been a major producer and consumer of great food, and a great amount of plastic and...
Iranian paramilitary troops seize Portuguese ship with Israeli ties as tensions remain high
Iran’s paramilitary Islamic Revolutionary Guard Corps (IRGC) troops seized a Portuguese-flagged ship owned by an Israeli billionaire as tensions between...
