MARKET INFRASTRUCTURE

Fintech / Regtech

HKMA Establishes Tokenisation Partnerships with Thailand, Brazil

By Sanday Chongo Kabange | 29/10/2024

The HKMA will collaborate with the central banks of Thailand and Brazil to explore cross-border tokenisation use cases, leveraging the Project Ensemble sandbox.

Fintech / Regtech

HKMA, PBOC to Pilot Cross-Boundary Payments Link in Mid-2025

By Sanday Chongo Kabange | 29/10/2024

The HKMA says a pilot launch for a cross-boundary payment linkage between Hong Kong’s FPS and China’s IBPS will tentatively launch in mid-2025.

Big Picture

IMF Warns Against Complacency Amid Geopolitical Uncertainty

By Thisanka Siripala | 26/10/2024

Market complacency could lead to an underestimation of risks and increase the chance of sudden surges in volatility and sudden shocks.

Market Infrastructure

HSBC Hong Kong Becomes Direct Participant of China’s CIPS

By Editors | 26/10/2024

The move will make it easier for overseas companies to trade and invest using the Chinese currency by making yuan payments faster and cheaper.

Fintech / Regtech

Korea to Conduct Cybersecurity Exercise for Non-bank Financial Firms

By Manesh Samtani | 25/10/2024

A blinded cybersecurity exercise using white-hat hackers will be conducted to test the response capabilities of securities, insurance, and card companies.

ESG / Sustainability

ACMF Endorses V2 of ASEAN Transition Finance Guidance

By Nithya Subramanian | 24/10/2024

The Version 2 guidance provides guidance on reference transition pathways, to help companies develop their individual transition plans.

Fintech / Regtech

HKMA Launches Developer Platform for IADS Initiative

By Manesh Samtani | 24/10/2024

The platform provides test data and simulated APIs to facilitate collaboration between banks and tech firms to develop data-driven products and services.

Market Infrastructure

RBI Expands Access to Electronic Trading Platform for G-Secs

By Mark Johnston | 24/10/2024

Access to NDS-OM will expand to regional rural banks, local area banks, NBFCs, provident funds, pension funds, and regulated MIIs.

Market Infrastructure

SIX Signs Cooperation MoU With Hong Kong’s CMU OmniClear

By Manesh Samtani | 24/10/2024

SIX and the HKMA subsidiary will cooperate to unlock further cross-border investment opportunities between Switzerland and Hong Kong.