Hong Kong Monetary Authority

AI Risk & Governance

HK Official Outlines Fintech Strategy, Focusing on AI, Shenzhen Collaboration

By Sanday Chongo Kabange | 28/11/2025

The Financial Secretary outlined an action plan for a joint fintech hub, new AI sandbox cohorts, and cross-border payment growth.

Anti-Money Laundering

Hong Kong SFC Issues AML Warning as JFIU Prepares New STR Platform

By Sanday Chongo Kabange | 28/11/2025

The SFC has detailed expected controls to combat layering via brokerages and virtual assets, as HKPF prepare to launch a new system for reporting suspicious transactions.

Tokenisation

Hong Kong SFC Details Regulatory Push on Private Credit, AI, Digital Assets

By Sanday Chongo Kabange | 26/11/2025

SFC chief outlines new OTC reporting rules, 'human in the loop' AI policy, and final steps for digital asset framework.

Credit Risk

HKMA Directs Banks to Adopt Enhanced Consumer Debt Relief Plan

By Sanday Chongo Kabange | 24/11/2025

The HKMA urges wider adoption of the interbank debt relief plan, digitalisation, and best practices to help struggling personal borrowers.

AI Risk & Governance

HKMA Official Discusses Approach to AI Regulation, Anti-fraud Strategy

By Manesh Samtani | 24/11/2025

In a speech, Executive Director Alan Au outlined the HKMA's regulatory approach to Generative AI and measures to combat financial fraud.

PEPs & Sanctions

HKMA Issues Guidance to Curb 'Overly Cautious' AML Checks on PEPs

By Sanday Chongo Kabange | 24/11/2025

The HKMA’s new 'Smart Tips' guidance clarifies rules for domestic and former PEPs, urging banks to adopt a more proportionate, risk-based approach.

Conduct, Culture & Accountability

HKMA Tightens Rules on Insurance Premium Financing After Review

By Sanday Chongo Kabange | 24/11/2025

The HKMA says new standards from 1 January 2026 will ban bundling, require clearer risk disclosures, and address concerns over short-term loans.

Anti-Money Laundering

HKMA Reports on AI Adoption Status in Transaction Monitoring

By Sanday Chongo Kabange | 23/11/2025

The HKMA revealed high uptake following its September 2024 directive and announced new workshops on the use of AI and crypto-related risks.

Conduct, Culture & Accountability

HKMA Revises Insurance Business Rules for Banks

By Sanday Chongo Kabange | 21/11/2025

The updated policy manual reiterates expectations on corporate governance and clarifies the authority and seniority required for responsible officers supervising insurance activities.