Hong Kong Monetary Authority

Payments & Settlements

Hong Kong Expands Yuan Liquidity Facility, Adds Mideast and ASEAN Banks

By Sanday Chongo Kabange | 30/12/2025

The HKMA has doubled its yuan liquidity scheme quota to CNY100 billion and expanded the scheme to 40 lenders to meet surging corporate demand.

Market Risk

Hong Kong Finalises New IRRBB Rules, Adopts Recalibrated Basel Shocks

By Sanday Chongo Kabange | 29/12/2025

The new framework applies more severe, recalibrated interest rate shocks to the existing six-scenario test and a 15% capital trigger for 'outlier' banks, effective from 2026.

Custody & Infrastructure

Hong Kong Finalises Legislative Proposals for Crypto Dealers, Custodians

By Editors | 26/12/2025

Regulators also launched a new consultation on establishing separate licensing regimes for virtual asset advisory and management services.

Clearing & Post-Trade

Hong Kong Launches New Committee to Build Commodities Hub

By Editors | 24/12/2025

The new government-led body will advise on market strategy, with a central clearing system for gold planned for trial in 2026.

Cryptocurrency

HK Regulator Proposes to Permit Crypto Investments by Insurers

By Editors | 24/12/2025

The Insurance Authority plans a 100% risk charge for investments in crypto assets and incentives for infrastructure investments.

Structural Regulation

Hong Kong Launches IP Financing Sandbox with Three Major Banks

By Sanday Chongo Kabange | 23/12/2025

The initiative provides a risk-controlled environment for banks to test lending against intellectual property assets like patents and trademarks.

Capital Adequacy

HKMA Finalises Prudential Rules for Banks' Crypto Exposures

By Manesh Samtani | 23/12/2025

The new framework, effective from January 2026, implements Basel standards and sets out detailed capital, liquidity and risk management requirements.

Stablecoins

HK Official Offers Update on Next Phases of Digital Assets Regime

By Manesh Samtani | 23/12/2025

Hong Kong plans 2026 bill for digital asset dealers and custodians, with first stablecoin issuer licences anticipated in early 2026.

Tokenisation

StanChart Launches Tokenised Deposits Under HK, Singapore Initiatives

By Manesh Samtani | 19/12/2025

The solution for multi-currency, 24/7 liquidity management was launched under the HKMA's Project Ensemble and MAS's Project Guardian initiatives.