Walmart Doubles Down on Reducing Waste by Switching to New Sustainable Packaging

Walmart has unveiled a range of initiatives aimed at reducing packaging waste associated with online [...]

Toyota To Invest $2 Billion in U.S. EV Battery Plant To Drive Toward Carbon Neutrality

Toyota has unveiled its plans to manufacture an all-new, three-row, battery electric SUV at its [...]

List of Authorized Institution-related Trustees

The Hong Kong Monetary Authority (HKMA) has launched a list of authorized institution (AI)-related trustees [...]

Microsoft and Accenture Welcome Project Amplify’s Third Cohort of Social Impact Startups

Microsoft and Accenture have announced the third cohort of their Project Amplify program, which is [...]

World Bank Approves $400 Million to Increase Dominican Republic Green and Affordable Energy

The World Bank has approved a $400 million loan for the Dominican Republic to support [...]

SFC and Police joint operation against a suspect of illegal short selling and fraudulent activities

The Securities and Futures Commission (SFC) and the Commercial Crime Bureau of the Police conducted [...]

The HKMA issued a letter on 31 May 2023 to consult the banking industry on implementation of Basel III final reform package – credit risk and output floor

This consultation document assumes that the rules created by the Monetary Authority under section 97C [...]

Revision of two Specified Forms in relation to Application for Disclosure of Protected Information

As of June 1, 2023, the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022 has [...]

Circular to Licensed Corporations and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism  United Nations Sanctions (Somalia) Regulation 2019

An updated list of “individuals and entities” subject to section 29 of the United Nations [...]

Circular on transitional arrangements of the new licensing regime for virtual asset trading platforms

Starting June 1, 2023, centralized virtual asset trading platforms (VATPs) operating in Hong Kong must [...]

Circular on implementation of new licensing regime for virtual asset trading platforms

Starting from 1 June 2023, centralised virtual asset trading platforms in Hong Kong must apply [...]

Fujitsu and Microsoft Announce Global Partnership to Enable “Sustainability Transformation”

Fujitsu and Microsoft have announced a five-year strategic partnership to expand their existing collaboration. The [...]