Tag Archives: IA

AFRC welcomes appointment of Chairman

The Accounting and Financial Reporting Council (AFRC) has announced the appointment of Dr. David Sun [...]

Insurance Authority warns against phishing emails and fraudulent website

The Insurance Authority (IA) has warned the public about phishing emails from the domain “my.beacons[.]email,” [...]

Cooling-off Period for Unsecured Consumer Credit Products

The Hong Kong Monetary Authority (HKMA) has mandated that retail banks, including digital banks, offer [...]

Tender of 10-year RMB HKSAR Institutional Government Bonds to be held on Thursday, 14 November 2024

The Hong Kong Monetary Authority (HKMA) announced a tender for 10-year RMB Institutional Government Bonds [...]

Tender of 2-year RMB HKSAR Institutional Government Bonds to be held on Thursday, 14 November 2024

The Hong Kong Monetary Authority (HKMA) announced that it will hold a tender for 2-year [...]

Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism(1) FATF Statement on High-Risk Jurisdictions subject to a Call for Action(2) FATF Statement on Jurisdictions under Increased Monitoring(3) Outcomes from the FATF Plenary, 23-25 October 2024

The Securities and Futures Commission (SFC) has issued a circular regarding Anti-Money Laundering (AML) and [...]

Inaugural “Integrity Management Award” by ICAC and CIC encourages contractors to strengthen integrity management

The ICAC, in collaboration with the Construction Industry Council (CIC), launched the “Integrity Management Award” [...]

Hong Kong’s Latest Foreign Currency Reserve Assets Figures Released

As of October 2024, Hong Kong’s official foreign currency reserve assets totaled US$421.4 billion, slightly [...]

Adjustment of Base Rate

The Hong Kong Monetary Authority (HKMA) announced that the Base Rate has been set at [...]

HKMA’s Response to US Fed’s Interest Rate Decision

The Federal Reserve has lowered the federal funds rate by 0.25% to 4.5-4.75%, while the [...]