Hong Kong, Abu Dhabi sign co-op agreement as banks pleads for more fintech 

Hong Kong, Abu Dhabi sign co-op agreement as banks pleads for more fintech 

The Hong Kong Securities and Futures Commission (SFC) and Abu Dhabi Global Market (ADGM) have recently signed a cooperation agreement to jointly promote and support…

Crypto exchanges flee from Asia amid regulatory uncertainties

Crypto exchanges flee from Asia amid regulatory uncertainties

Scared away by regulatory clampdowns and uncertainty, cryptocurrency exchanges are fleeing Asia in general and Hong Kong in particular. At least three major exchanges, including…

SFC proposes to triple compensation for investors from defaulting companies

SFC proposes to triple compensation for investors from defaulting companies

The Securities and Futures Commission (SFC) said in a statement on April 27 that it is considering to update its Investor Compensation Regime (ICR). The…

Hong Kong regulator cautions on ICOs, halts Black Cell raise

Hong Kong regulator cautions on ICOs, halts Black Cell raise

Hong Kong’s Securities and Futures Commission has recently halted an initial coin offering (ICO) launched by Hong Kong-based Black Cell Technology Limited and ordered the issuer to refund its…

Hong Kong regulator to amend fund industry rules amid increasing financial innovation-related risks

Hong Kong regulator to amend fund industry rules amid increasing financial innovation-related risks

Hong Kong’s Securities and Futures Commission (SFC) recently proposed to amend rules on fund houses and their custodians to better address risks posed by financial…

Bitcoin tumbles as Hong Kong finance regulator issues warning

Bitcoin tumbles as Hong Kong finance regulator issues warning

Hong Kong’s Securities and Futures Commission (SFC) has recently published a circular that warns investors to be extra careful when dealing with bitcoin futures and…

HK regulator zeroes in on asset management sector

HK regulator zeroes in on asset management sector

Hong Kong is following China’s lead in tightening its oversight of the asset management industry both as a way to facilitate the flow of money…