Hong Kong Monetary Authority

Market Infrastructure

HKMA, PBOC Unveil Measures to Further Deepen Connectivity

By Sanday Chongo Kabange | 15/01/2025

The measures include a new trade finance liquidity facility for CNY funds and an expansion of the Southbound leg of Bond Connect, among others

Capital / Liquidity

HKEX Starts Accepting CGBs as Collateral for Swap Connect

By Mark Johnston | 15/01/2025

OTC Clear started accepting CGBs as margin collateral for Northbound Swap Connect. They will also be accepted for other derivative transactions by end Q1 2025.

Fintech / Regtech

Hong Kong Digital Banks Consider Opening Physical Branches

By Editors | 14/01/2025

HKMA said in October that it would allow digital banks to have limited physical branches to help them improve transaction processes and customer experience

Fintech / Regtech

HK Credit Data Platform Lowers Access Barrier for Small FIs

By Sanday Chongo Kabange | 14/01/2025

Platform operator HKICL has developed a new interface that provides a lower-cost and more convenient way for lenders to connect to Credit Data Smart.

Capital / Liquidity

HKMA Consults on Treatment of Bank Exposures to Cryptoassets

By Sanday Chongo Kabange | 14/01/2025

HKMA intends to implement the BCBS standards on the prudential treatment of cryptoasset exposures and the disclosure requirements on 1 January 2026

AML / KYC

HKAB Updates AML/CFT FAQs to Align with Revised AMLO

By Sanday Chongo Kabange | 14/01/2025

The updated FAQs align with the AMLO amendments that came into force last year and provide additional guidance on dual-use goods.

Fintech / Regtech

HKMA Launches Supervisory Incubator to Promote Responsible DLT Adoption

By Sanday Chongo Kabange | 09/01/2025

The incubator provides banks a one-stop platform for obtaining supervisory feedback on DLT-related proposals and the option to conduct live trials.

Fintech / Regtech

HKMA Calls on Banks to Participate in Cyber Intelligence Platform

By Sanday Chongo Kabange | 03/01/2025

The HKMA welcomed enhancements to the Platform announced by HKAB and called on banks to actively participate in the initiative.

Capital / Liquidity

HKMA Finalises Guidance, Reporting Form for CCyB Framework

By Editors | 02/01/2025

Reporting institutions should submit the revised return form starting from the reporting position as of 31 March 2025.