Kong
Hong Kong police busts $15M laundering ring that used crypto, 500 financial institution accounts
Hong Kong police arrested 12 folks concerned in a cross-border cash laundering scheme that relied on crypto and over 500 stooge financial institution accounts to launder HK$118 million ($15 million), native information shops reported. The syndicate was dismantled on Could 15, ensuing within the arrest of 9 males and three ladies in mainland China and […]
Hong Kong Set to Difficulty 2-12 months Change Fund Notes in Could 2025
Felix Pinkston Could 14, 2025 01:31 The Hong Kong Financial Authority will conduct a young for 2-year Change Fund Notes on Could 23, 2025, aiming to rollover maturing notes price HK$1,200 million with a 2.16% rate of interest. The Hong Kong Financial Authority (HKMA) has introduced a […]
Hong Kong introduces crypto staking guidelines, reaffirms Web3 dedication
Hong Kong’s Securities and Futures Fee (SFC) has launched new pointers for crypto exchanges providing staking companies. In an April 7 announcement, the SFC introduced new pointers for crypto exchanges providing staking companies and regionally licensed funds uncovered to digital belongings concerned in staking. The announcement follows current remarks from Christina Choi, the SFC’s government […]
HKMA Alerts Public on Fraudulent OCBC Financial institution Web site in Hong Kong
Alvin Lang Mar 26, 2025 07:29 The Hong Kong Financial Authority has issued a warning a few fraudulent web site posing as OCBC Financial institution (Hong Kong) Restricted, urging public vigilance. The Hong Kong Financial Authority (HKMA) has issued an important warning to the general public relating […]
Hong Kong Financial Authority Units 4% Curiosity Price for Silver Bond Collection
Iris Coleman Feb 28, 2025 01:30 The Hong Kong Financial Authority introduced a 4% rate of interest for the fifth fee of the Silver Bond Collection due in 2025, prioritizing the fastened charge over the floating charge. The Hong Kong Financial Authority (HKMA) has introduced the rate […]
Hong Kong Mortgage Market Sees Uptick in Functions for January 2025
Ted Hisokawa Feb 28, 2025 02:49 The Hong Kong Financial Authority studies a 3.3% improve in mortgage functions for January 2025, whereas accredited loans lower by 2.1% to HK$25 billion. The Hong Kong Financial Authority (HKMA) has launched its residential mortgage survey outcomes for January 2025, revealing […]