HONG KONG MONETARY AUTHORITY

    Market Infrastructure

    China, Hong Kong Expand Bond Connect to Non-Banks, Ease Repo Rules

    By Manesh Samtani | 08/07/2025

    Regulators will permit non-bank institutions into Southbound trading and allow rehypothecation in repo deals, with key changes expected by end-August.

    AML / KYC

    How Hong Kong is Tackling the Money Mule Threat

    By Manesh Samtani | 04/07/2025

    Industry experts discussed the growing sophistication of money mule networks and the complexities of detecting and offboarding suspicious accounts.

    image

    AML / KYC

    HKMA Refines Rules for Onshore RMB Cross-Border Trade Conversion

    By Sanday Chongo Kabange | 30/06/2025

    HKMA has updated rules for CNY cross-border trade conversions, clarifying bank obligations under the RMB settlement scheme.

    image

    AML / KYC

    HKMA Offers Favourable Liquidity Treatment for ‘Money Safe’ Deposits

    By Manesh Samtani | 30/06/2025

    HKMA will allow deposits locked in the new anti-scam feature to be treated as more stable for liquidity calculations.

    Crypto / Digital Assets

    Hong Kong Unveils Second Policy Statement on Digital Assets Development

    By Sanday Chongo Kabange | 27/06/2025

    The latest policy statement on digital assets development introduces the so-called "LEAP" framework and builds on the 2022 policy.

    image

    Market Infrastructure

    HKMA, AIIB Agree to Support Emerging Asia Venture Capital

    By Sanday Chongo Kabange | 27/06/2025

    HKMA and AIIB will collaborate to invest in a portfolio of VC funds that prioritise green technology across emerging markets in Asia.

    image

    Crypto / Digital Assets

    Hong Kong to Set High Bar for Stablecoin Licences

    By Sanday Chongo Kabange | 25/06/2025

    HKMA CEO Eddie Yue said only a “handful” of licences will likely be granted, reflecting the regulator’s “cautious approach” and the need for user protection.

    image

    Crypto / Digital Assets

    Hong Kong Examining Potential for Yuan-Backed Stablecoin

    By Sanday Chongo Kabange | 24/06/2025

    Christopher Hui said risks must be studied, taking into consideration the Mainland’s monetary policy direction and yuan internationalisation roadmap.

    image

    Fintech / Regtech

    Mainland China and Hong Kong Launch Fast Payments Link

    By Sanday Chongo Kabange | 23/06/2025

    HKMA and PBOC launched “Payment Connect”, streamlining cross-boundary payments and remittances between Hong Kong and Mainland China.

    image

    Crypto / Digital Assets

    HKMA Consults on New Return Templates for Reporting Cryptoassets

    By Sanday Chongo Kabange | 17/06/2025

    HKMA said the revised return templates will help guide system developments of banks as they prepare to implement the BCBS standard.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team