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HKMA alerts customers of The Bank of East Asia, Shanghai Commercial Bank, Chong Hing Bank, and Bank of China to phishing scams and fake banking websites

by Jyotsna Bucktowar | Sep 26, 2025

These scams involve fake websites, phishing emails, and counterfeit internet banking login pages aimed at stealing customer information. The HKMA stressed that legitimate banks never send links via SMS or email for transactions, nor do they request sensitive...

HKMA warns of a fraudulent app posing as Bank of Singapore, using phishing and fake logins to steal data and enable unauthorized transactions

by Jyotsna Bucktowar | Aug 14, 2025

The alert underscores the increasing sophistication of cybercriminals who are deploying fake apps and phishing attempts to capture sensitive customer information, including login credentials and one-time passwords. HKMA reminded the public that legitimate banks will...

HKMA enforces a new stablecoin licensing regime from 1 Aug 2025, demanding strict AML/KYC, full reserve backing, and cracking down on false licensing claims to boost transparency and fight FC

by Jyotsna Bucktowar | Jul 29, 2025

Effective from 1 August 2025, the new guidelines set clear supervisory expectations, particularly emphasizing robust anti-money laundering (AML) and counter-financing of terrorism (CFT) controls to enhance the integrity and security of stablecoin operations. The HKMA...

HKMA launches the Anti-Scam Consumer Protection Charter 3, bringing regulators, tech leaders, and telecoms together to boost scam reporting, tighten oversight, and raise public awareness

by Jyotsna Bucktowar | Jul 9, 2025

The Charter sets out six key principles covering: reporting suspected scams, vetting advertisers, improving internal monitoring, enforcing terms of service, and jointly enhancing public education and awareness. The initiative is supported by the Consumer Council, Hong...

HKMA alerts the public to a press release issued by China Construction Bank (Asia) Corporation Ltd, warning about a fraudulent website and a fake internet banking login screen

by Jyotsna Bucktowar | Feb 18, 2025

The HKMA reminds the public that banks will not send SMS or emails with links directing customers to websites for transactions. Banks will also never request sensitive information like login passwords or One-Time Passwords via phone, email, or SMS. Anyone who has...
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