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HK Banks to Collaborate to Help SMEs Resolve Difficulties: HKAB
By Sanday Chongo Kabange | 04/02/2025
HKAB said StanChart, BOCHK, HSBC, BEA, DBS, and Hang Seng are piloting a collaborative approach to negotiating SME financing arrangements
Fintech / Regtech
HKMA Develops AI-Powered Sentiment Tracker for Mainland Property Market
By Manesh Samtani | 03/02/2025
The GenAI-driven sentiment index, which uses Chinese social media data, is able to act as a leading indicator for Mainland property sales
Securities / Derivatives
HKMA Will Monitor Banks’ Asset Management Activities
By Editors | 31/01/2025
HKMA called attention to an SFC circular which described the misconduct of asset managers as “egregious” and lacking in integrity
Enforcement
Hang Seng Bank Fined for Mis-selling Investment Products
By Sanday Chongo Kabange | 28/01/2025
SFC Executive Director of Enforcement Christopher Wilson described Hang Seng Bank’s misconduct as “serious and systemic”.
Capital / Liquidity
HKMA Finalises Policy Manual on How Pillar 2 Capital is Determined
By Manesh Samtani | 27/01/2025
The HKMA will consider whether banks have taken into account material climate-related financial risks when determining Pillar 2 capital requirements.
AML / KYC
HKMA Publishes Banking Sector Priorities for 2025
By Sanday Chongo Kabange | 24/01/2025
The HKMA’s 2025 workplan includes measures to safeguard the banking sector from financial crime, credit risk and cyber risk.
Crypto / Digital Assets
BoCom Become First Chinese Bank to Issue Digitally Native Bond
By Mark Johnston | 23/01/2025
Bank of Communications issued the $300mn bond via its Hong Kong branch using the HSBC Orion digital asset platform.
Securities / Derivatives
HKMA Launches Direct Bond Market Linkage With Macau
By Manesh Samtani | 22/01/2025
The linkage will enable investors from both sides to participate in each other’s bond market with greater ease and efficiency
Market Infrastructure
HKMA Offers Guidance on Implementing Operational Resilience Requirements
By Sanday Chongo Kabange | 21/01/2025
The guidance focuses on mapping interdependencies and scenario testing, to help banks meet a May 2026 deadline for becoming operationally resilient
CICC Granted Approval to Operate in Dubai Financial Centre
By Mark Johnston | 20/01/2025
DFSA CEO Ian Johnston described the approval as “a big step forward” for facilitating deals and arrangements between China and the UAE.
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