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Legal, Regulation & Compliance

09/12/2025

HKMC and CICC Sign MoU on Co-operation of Infrastructure Financing and Securitisation

A partnership with CICC is expected to assist in taking our business to the next level, enabling both sides to further pursue a common goal in promoting Hong Kong as an infrastructure financing hub.”

09/12/2025

ASIC proposes to remake relief instrument for non-cash payment facility exemptions

ASIC has assessed that this instrument is operating effectively and efficiently and continues to form a necessary and useful part of the legislative framework.

09/12/2025

APRA releases quarterly authorised deposit-taking institution statistics for June 2025

The Quarterly ADI Performance publication contains information on ADIs’ financial performance, financial position, capital adequacy, asset quality, liquidity and key financial performance ratios.

09/09/2025

APRA monitors Eric Insurance’s exit from the general insurance market

APRA is closely monitoring Eric’s withdrawal from the insurance industry to achieve the most favourable outcome for policyholders.

09/09/2025

James Mawhinney handed 15-year injunctions in ASIC proceedings

This is the culmination of a matter that has taken many years and considerable resources.

09/04/2025

Scam alert related to banks

Anyone who has provided his or her personal information

09/04/2025

SFC obtains disqualification orders of up to four years against five more former directors of Superb Summit International Group Limited

Under the orders, Chan was disqualified for four years, Law and Cheng each for three and a half years, Qiu for three years, and Li for two and a half years.

09/03/2025

Societe Generale Securities Australia fined $3.88 million for market gatekeeper failures

Manipulation of the daily settlement price of electricity and wheat futures contracts has the potential to impact supplier funding costs, and in turn electricity and wheat prices for consumers.

08/22/2025

Four Carey Olsen partners named among top offshore litigators in Asia

The list identifies exceptional litigation practitioners who have demonstrated outstanding expertise when handling complex cross-border disputes in Asia.

08/21/2025

Hong Kong and Australian courts recognise principles of segregation in Cayman SPCs

The Hong Kong High Court expressly confirmed the validity of ring-fencing of assets in different SPs in an SPC structure.

08/15/2025

Joint Statement by the HKMA and the SFC on Stablecoin-related Market Movements

Some of these claims have also mentioned recent engagements with financial regulatory authorities in Hong Kong.

08/14/2025

Terraform Labs' Do Kwon Pleads Guilty to US Charges

Kwon originally faced nine charges under the indictment and his sentencing is scheduled for December 11.

08/14/2025

NAB and AFSH penalised $15.5 million for failing customers facing financial hardship

As a result, those consumers remained unaware of the outcome of their hardship applications.

08/13/2025

ASIC takes action against a further 28 SMSF auditors in FY25

ASIC regulates the conduct of SMSF auditors and will continue to act where conduct falls short.

08/13/2025

ASIC remakes incidental retail cover legislative instrument

ASIC will continue to monitor the instrument’s appropriateness

08/12/2025

Administrative Review Tribunal upholds ASIC’s 10 year ban on United Global Capital director Joel Hewish

Mr Hewish may seek an appeal in the Federal Court or seek a referral from the President of the Tribunal to the Tribunal’s Guidance and Appeals panel.

08/12/2025

APRA’s plans to support small and medium-sized banks

The government welcomed all nine actions from regulators

08/11/2025

ASIC secures million-dollar penalties from iSignthis and former director and CEO Nickolas John Karantzis

This conduct resulted in significant periods of time where both the market and investors were misinformed.

08/11/2025

Beware of fraudulent documents purported to be issued by HKMA

The HKMA clarifies that the document is forged.

08/08/2025

Four people charged with money laundering in fake investment scam

ASIC alleges that the four dealt with victim funds which were the proceeds of crime and were reckless as to whether those funds were proceeds of crime.

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