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Hong Kong survey shows regtech boosts AML capabilities



Over 80% of 50 surveyed companies reported that regulatory technology has strengthened their anti-money laundering (AML) capabilities, Securities and Futures Commission chief executive Julia Leung Fung-yee said at a regtech forum. Adoption was highest for name screening at 92%, followed by 70% for customer due diligence and transaction monitoring. Separately, Hong Kong Exchanges and Clearing (0388) launched its first batch of weekly stock options, covering 10 companies including Tencent (0700), Meituan (3690), Alibaba (9988), and BYD (1211). The weekly expiries cater to trading and risk management needs, offering lower option premiums and efficiency in short-term positions.

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