Countering the New Frontiers of Fraud

Cover Story
Countering the New Frontiers of Fraud

While the fundamental goals of fraudsters that target banks and their customers have remained largely unchanged for several decades, the significant difference today is the way that fraudsters utilise AI to craft and execute complex social engineering attacks and synthetic identity theft at unprecedented levels of speed, reach and scale.

Thought Leaders
Harnessing the Tech Wave: Preparing the Financial Markets for a Resilient Future

As the financial industry experiences seismic shifts driven by technological disruption, Julia LEUNG, SBS, JP, Hon. Certified Banker, Chief Executive Officer of the Securities and Futures Commission (SFC) and Vice President of Council, The Hong Kong Institute of Bankers (HKIB), explains why Hong Kong must embrace technology responsibly: to build a more resilient, diversified and future-ready market in a fast-changing yet more fragmented global environment.

China World
Navigating the Chinese Mainland’s Evolving AI Regulatory Landscape: Key Implications for Financial Institutions

The Chinese Mainland’s regulatory framework governing artificial intelligence (AI) is undergoing rapid transformation.  Through a multi-layered system comprising administrative regulations, technical standards, and sector-specific guidance, the Chinese Mainland has gradually established an increasingly sophisticated regulatory architecture for AI governance.

Fintech
Enhancing Innovation and Growth Potential of Hong Kong’s GSS+ Bond Market

As a pivotal platform for cross-border transactions and capital allocation, Hong Kong serves as a critical nexus for the innovation of green financial instruments, standard-setting, and market connectivity, significantly influencing the development trajectory and evolutionary dynamics of sustainable finance both regionally and globally.

Change Horizons
Hong Kong’s Gold Ecosystem: From Clearing Trial to Full Value-Chain Asia Hub

KPMG’s 2026 Hong Kong Banking report, published in June, sets out the view that Hong Kong’s gold hub is not a single opportunity but an interconnected ecosystem, and banks must position themselves across this entire value chain to capture the full commercial upside.  The greatest value is unlikely to accrue to institutions focused on a single segment of the market; it will come to those that position themselves across multiple layers of the value chain — from the mine, through refining and vaulting, to clearing, settlement, and ultimately financialisation.

Knowledge Plus
The Ascent of Asia’s Wealth Capital: Hong Kong’s Family Office Landscape and Development Outlook

Hong Kong recently overtook Switzerland to become the world’s largest cross-border and offshore wealth hub, managing assets worth USD2.95 trillion and hitting a new height in its rise as a global wealth centre, according to a Boston Consulting Group report. Central to that achievement is the city’s growing appeal among Ultra-High-Net-Worth (UHNW) families, who have been drawn to Hong Kong in surging numbers.