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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.

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.

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.

Hong Kong businesses fail to provide cybersecurity training for remote workers

While 79% of Hong Kong companies have started to offer remote working opportunities in the past six months, only 30% have provided cybersecurity training to cover the new working environment, new research reveals.

Insurance Authority extends coronavirus rules

Hong Kong's Insurance Authority has extended its temporary Covid-19 facilities for non-face-to-face distribution of some insurance products.

ZA Bank to implement the OneSumX solution to boost compliance

ZA Bank, which claims to be Hong Kong’s first virtual bank has selected Wolters Kluwer’s OneSumX to handle its regulatory reporting needs.

Hong Kong’s markets watchdog has lifted UBS’ ban on leading IPOs

The Securities and Futures Commission (SFC) of Hong Kong has lifted the ban on UBS to support initial public offerings (IPOs).

Know your Customer raises funds after strong growth period

Irish RegTech platform Know your Customer has reportedly received a new investment from Hong Kong-based fundraising platform AngelHub.

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