Hong Kong’s Monetary Authority Launches New Fintech Subsidy

Hong Kong’s Monetary Authority Launches New Fintech Subsidy

Hong Kong’s Monetary Authority Launches New Fintech Subsidy The Hong Kong Monetary Authority has launched a new Fintech Subsidy known as the Pilot Scheme on Training Subsidy. It is available for eligible Fintech Practitioners. The scheme is part of Hong Kong’s 2022-23 Budget allocation. The Government is planning to implement the new Fintech subsidy scheme…

Read more
Hong Kong: Full Support From Government for I&T Development

Hong Kong: Full Support From Government for I&T Development

Hong Kong’s I&T Development Gets Maximum Support From the Government Hong Kong’s Chief Executive addressed the Innovation and Technology Scholarship, which was awarded to 25 students. The recipients are the brightest talents chosen from six local universities; the recipients were qualified due to their outstanding performance in their field of studies and thirst for accumulating…

Read more
Hong Kong’s Tenant Protection Act Comes into Force

Hong Kong’s Tenant Protection Act Comes into Force

Buffer for HK Businesses with the Tenant Protection Act Tenant protection act comes into effect, offering three months’ protection. The Hong Kong Government is providing a three-month protection period for business tenants with its tenant protection act. The Temporary Protection Measures for Business Tenants (COVID-19 Pandemic) Ordinance took effect on May 1, 2022. The ordinance…

Read more
Changes in Store for Hong Kong’s Accounting Profession  

Changes in Store for Hong Kong’s Accounting Profession  

Hong Kong’s New Regulatory Regime for the Accounting Profession Gazetting of subsidiary legislation to bring change to HK’s accounting profession.  The Hong Kong Government is introducing new legislative measures by gazetting several subsidiary legislations. These amendments and ordinances will change HK’s accounting profession by establishing a new regulatory regime. They aim to ensure the profession’s…

Read more