HONG KONG, June 2025 — The Legislative Council has passed the Banking (Amendment) Bill 2025, ushering in a new legal framework that empowers banks to voluntarily share account information with law enforcement authorities under defined conditions. The move aims to bolster efforts to detect and prevent financial crimes, including money laundering and terrorist financing. Under…
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HONG KONG — 4 June 2025 — In a strategic move to solidify its status as a leading global financial hub, Hong Kong has officially launched a new company re-domiciliation regime, enabling non-Hong Kong-incorporated companies to relocate their registration to the city while preserving their legal identity and operational continuity. The regime, which came into…
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Hong Kong – HSBC is reinforcing its commitment to entrepreneurial growth and wealth creation in Asia with the launch of new programmes aimed at early-stage business owners and private banking clients. The initiative begins in Hong Kong, one of the region’s most dynamic financial hubs. As part of this effort, HSBC has introduced the Private…
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The Middle East is becoming an increasingly fertile ground for Hong Kong technology companies seeking to expand their global footprint. With its rapid development in finance, infrastructure, and tourism, the region offers strong demand for advanced technologies and innovation. Hong Kong, as a leading financial and technological hub, is well-positioned to meet this demand. Its…
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The Hong Kong government is stepping up efforts to reinforce its status as a leading international financial centre by introducing stronger safeguards against financial crime. In a joint announcement, the Hong Kong Monetary Authority (HKMA), the Hong Kong Association of Banks (HKAB), and the Hong Kong Police Force (HKPF) unveiled a series of new initiatives…
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The Hong Kong government is stepping up efforts to reinforce its status as a leading international financial centre by introducing stronger safeguards against financial crime. In a joint announcement, the Hong Kong Monetary Authority (HKMA), the Hong Kong Association of Banks (HKAB), and the Hong Kong Police Force (HKPF) unveiled a series of new initiatives…
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Hong Kong is on the verge of a startup boom, driven by university-led research and development initiatives and bolstered by strong government backing, according to venture capital analysts. What sets Hong Kong apart is that its universities not only have their own investment arms, but also enjoy robust support from the government. This unique ecosystem…
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Hong Kong continues to solidify its reputation as Asia’s premier financial centre, offering an increasingly attractive landscape for investment. To further enhance its appeal, the city is rolling out a series of measures aimed at attracting family offices, according to Financial Secretary Paul Chan Mo-po. This year, Hong Kong will expand its already favorable policies,…
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Hong Kong has once again solidified its status as a leading global financial hub, ranking third worldwide and maintaining its position as the top financial center in the Asia-Pacific region in the latest Global Financial Centres Index (GFCI). The city’s overall rating increased by 11 points to 760, reinforcing its resilience and competitiveness in the…
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