HONG KONG MONETARY AUTHORITY

AML / KYC

HKMA Issues Two Consultations on Rules for Stablecoin Issuers

By Sanday Chongo Kabange | 27/05/2025

The first consultation proposes regulatory standards for stablecoin issuers seeking authorisation. The second proposes AML/CFT requirements.

Fintech / Regtech

HKMA Partners with Transport Bureau to Boost Trade Finance

By Sanday Chongo Kabange | 20/05/2025

Banks will gain access to real-time cargo status data, enabling them to assess clients’ operational performance more effectively.

ESG / Sustainability

HKMA Launches 2025 Green Fintech Competition

By Editors | 12/05/2025

The focus will be on five themes, including climate risk modelling, carbon market analytics, and sustainable investing, among others.

Securities / Derivatives

Hong Kong Connectivity With Mainland Set to Increase

By Manesh Samtani | 25/11/2024

China Vice-Premier He Lifeng, CSRC Chairman Wu Qing and HKMA Chief Eddie Yue discussed new initiatives at the Global Financial Leaders’ Investment Summit.

AML / KYC

HKMA to “Soon” Consult on Scam Loss Sharing Framework

By Editors | 30/09/2024

The framework will include principles for banks to use when deciding whether scam losses should be compensated, such as whether customers took care to safeguard their personal data.

Securities / Derivatives

Hong Kong Government Prices First Ever 30 Year Green Bond

By Editors | 28/01/2021

Hong Kong has priced the first ever 30-year green bond by an Asian government and the longest tenor bond in its history.

Enforcement

HKMA Suspends Banker Over Photocopied Client Signature

By Editors | 28/01/2021

The banker photocopied a client’s signature onto an instruction form and used it to apply for the issuance of a bank reference letter.

HK Regulators Ask Bankers to Explain Reasons for Departing City

By Editors | 27/01/2021

Executives who have relocated to Singapore or Tokyo have reportedly received phone calls from Hong Kong government agencies and regulators seeking explanations for the decisions.

AML / KYC

Fighting TBML to Sustain a Post-pandemic Recovery in APAC

By Claus Christensen | 27/01/2021

As we inaugurate the next phase of international trade, the FATF is pushing trade-based money laundering to the top of the international community’s agenda, says Claus Christensen at Know Your Customer.