The scheme was announced as a pilot in the 2020-2021 budget and extended last November. Fixed-rate mortgage loans totalling around HKD 400 million have so far been approved.
FSC chairman Koh Seungbeom said the entry of tech giants into financial services has added fuel to market competition.
Among the measures, the FSC will monitor how banks are applying suitability and adequacy principles in their lending, and impose fines for violations.
The FRC will become a full-fledged independent regulatory body for the accounting profession, performing inspections, investigations and disciplinary work.
The mobilisation of finance to breakthrough technologies represents the "only viable path forward" to avoid irreversible damage to the planet, the WEF says.
The RBNZ will develop a guidance note to support regulated entities in managing climate risks, focusing on physical, transition and liability risks.
The new credit card-based microloan service seeks to expand opportunities for lower income earners without access to traditional credit finance channels.
Nearly half of surveyed FIs are considering moving staff or functions away from Hong Kong due to operational challenges, including travel and quarantine uncertainty.
The HKMA says continued enforcement of the requirement to observe market norms in the setting of maximum LTV ratios is no longer appropriate.
Mandatory climate disclosures will be required from early 2024, for annual reporting periods that start on or after 1 January 2023.