Hong Kong Monetary Authority

Credit Risk

Hong Kong Banks Extends Loan Relief for Tai Po Fire Victims

By Sanday Chongo Kabange | 06/03/2026

HKMA and HKAB announce extended loan repayment holidays and flexible mortgage arrangements for residents affected by the Wang Fuk Court fire.

AI Risk & Governance

Hong Kong Regulators Expand GenAI Sandbox Across Entire Financial Sector

By Sanday Chongo Kabange | 06/03/2026

The initiative now covers securities, insurance, pensions and payments, offering firms free computing power to test AI in a controlled environment.

Structural Regulation

SFC Chief Outlines Five-Point Strategy for Maintaining Market Resilience

By Sanday Chongo Kabange | 06/03/2026

Julia Leung warns against complacency amid market buoyancy, outlining a five-point strategy for APAC to build resilience through technology and collaboration.

Structural Regulation

Hong Kong, Macao Regulators Sign Revised Cooperation Pact

By Sanday Chongo Kabange | 05/03/2026

The agreement between the HKMA and AMCM expands collaboration beyond banking supervision to include financial infrastructure linkage and information exchange within the GBA.

Clearing & Post-Trade

ISDA Urges Hong Kong to Widen Exemptions from Clearing Mandate

By Manesh Samtani | 04/03/2026

Responding to an SFC-HKMA consultation, ISDA said it supports permanent calculation periods for clearing but urges the regulators to expand the scope of exemptions.

Trading & Investment

Hong Kong Confirms Tax Overhaul Plan for Funds and Family Offices

By Sanday Chongo Kabange | 04/03/2026

The plan expands eligible assets to include digital assets and private credit, while introducing new economic substance requirements for funds seeking exemptions.

Payments & Settlements

WeChat Pay Becomes First Wallet on New 'Payment Connect' System

By Sanday Chongo Kabange | 04/03/2026

The Tencent-owned wallet has partnered with HSBC to offer real-time, fee-free remittances, connecting Hong Kong's FPS with the mainland's IBPS.

Resolution & Recovery

HKMA Embeds Resolution Readiness Into Bank Authorisation Criteria

By Manesh Samtani | 04/03/2026

Updated guidelines for bank authorisation now explicitly link core liquidity and systems requirements to an institution's ability to be resolved orderly.

Stablecoins

HSBC Signals Intent to Engage with HK Stablecoin Regime - Reports

By Sanday Chongo Kabange | 04/03/2026

HSBC has praised the city’s “sound regulatory environment” and confirmed it is in active discussions with the HKMA.