Hong Kong

Securities / Derivatives

HKEX to Launch Hang Seng TECH Index Futures, Options

By Editors | 05/11/2020

The new contracts will bring new exposure management tools to the market and give greater product coverage of the technology sector in Hong Kong.

Fintech / Regtech

HKMA Seeks ‘Multi-CBDC Platform’ to Enhance Cross-border Payments

By Manesh Samtani | 04/11/2020

Project Inthanon-LionRock with the BOT is entering its second phase, which will have participation from HKEX, 19 banks, and five corporates.

HKMC Extends Fixed-Rate Mortgage Pilot Scheme for One Year

By Sanday Chongo Kabange | 04/11/2020

The scheme provides an alternative financing option for homebuyers to mitigate risks arising from interest rate volatility.

Market Infrastructure

HKMA Launches Upgraded Cybersecurity Fortification Initiative

By Editors | 03/11/2020

CFI 2.0 streamlines the cyber resilience assessment process, incorporates international practices on incident response and recovery, and facilitates the development of the local talent pool.

Fintech / Regtech

Hong Kong, China Successfully Connect Trade Finance Platforms

By Manesh Samtani | 03/11/2020

Seven banks have already used the connection to conduct cross-border trade financing transactions, with the total trade value exceeding HK$26mn.

AML / KYC

Hong Kong to Align Crypto Regulatory Framework with FATF Standards

By Manesh Samtani | 03/11/2020

The government proposes to introduce a new licensing regime for VASPs that trade non-security tokens, and a registration regime for dealers in precious metals and stones.

Big Picture

The Case for an Alternative Credit Scoring Ecosystem in Hong Kong

By Manesh Samtani | 03/11/2020

A new whitepaper commission by the HKMA describes alternative credit scoring and how it works, and explains why it can help the banking industry and MSMEs.

Fintech / Regtech

HKMA to Target Accelerated RegTech Adoption in 2021

By Manesh Samtani | 03/11/2020

The HKMA wants to see banks embracing and trialling new technologies and proofs of concept, and ultimately adopting more Regtech solutions, said central banker Arthur Yuen.

Fintech / Regtech

HKMA Unveils Financial Infrastructure Project to Facilitate SME Lending

By Manesh Samtani | 02/11/2020

The HKMA is working with banks to study the feasibility of the ‘Commercial Data Interchange’, a new financial infrastructure to facilitate financial intermediation.