Hong Kong Monetary Authority

Credit Risk

HK Banks Pledge Continued Leniency for SME Borrowers

By Editors | 21/01/2020

At the second meeting of the Banking Sector SME Lending Coordination Mechanism, established in October, banks agreed to a number of additional measures to aid SME borrowers.

Trading & Investment

Hong Kong, Thailand Set to Sign Cross-Border Funds Agreement

By Editors | 17/01/2020

Hong Kong’s SFC and Thailand’s SEC plan to sign a mutual recognition of funds agreement within the second quarter of this year.

Structural Regulation

HKMA Urges Family Offices to Set Up in Hong Kong

By Editors | 17/01/2020

The HKMA has been working to enhance Hong Kong’s competitiveness as a family office hub by developing talent, enhancing investment opportunities, and outreach.

Conduct, Culture & Accountability

HKMA Reveals Preliminary Findings from Bank Culture Assessments

By Manesh Samtani | 16/01/2020

HKMA executive director Alan Au says banks generally agree with the need to foster sound bank culture and have been implementing a range of culture enhancement initiatives.

AI Risk & Governance

Technology to Drive Regulatory Agenda in 2020: Thomson Reuters

By Manesh Samtani | 09/01/2020

Technology has displaced the 2008 financial crisis as the main issue driving the international regulatory agenda, says a new report from Thomson Reuters.

Emerging Prudential Risks

Three Emerging Risk Issues for Banks in Hong Kong

By Simon Topping | 09/01/2020

There are three key areas where Hong Kong regulators are expected to turn up the heat in 2020, says KPMG’s Simon Topping.

Emerging Prudential Risks

Risks to Hong Kong Outlook Tilted to Downside: IMF

By Editors | 02/01/2020

However, robust policy frameworks and ample buffers will help the Hong Kong economy weather the challenges ahead.

Capital Adequacy

HKMA D-SIBs List Unchanged, HLA Requirement Adjusted for Two Banks

By Editors | 28/12/2019

Compared with the December 2018 list, the HLA requirement has increased for Standard Chartered and decreased for Hang Seng Bank.

Anti-Money Laundering

APAC Wealth Migration Trends Heighten Financial Crime Risk

By Joseph Quiazon | 28/12/2019

APAC regulators are looking to FIs and their technology to guard against increasingly sophisticated criminal activity as wealth migration accelerates, says Joseph Quiazon at Exiger.