Hong Kong Monetary Authority

Crypto / Digital Assets

Hong Kong Legislative Council Passes Stablecoin Ordinance

By Sanday Chongo Kabange | 21/05/2025

The ordinance, set to take effect later this year, will require issuers of fiat-referenced stablecoins to be licensed by HKMA to be offered in Hong Kong.

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.

Market Infrastructure

Regulators Announce More Swap Connect Enhancements

By Sanday Chongo Kabange | 16/05/2025

The tenor of IRS contracts will be extended to 30 years and the product scope of Swap Connect will be expanded.

AML / KYC

HKMA to Help Banks Deploy AI for Transaction Monitoring

By Sanday Chongo Kabange | 16/05/2025

HKMA has received submissions from banks describing their progress to incorporate AI in their transaction monitoring systems.

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.

Capital / Liquidity

HKMA Intervenes in Markets as IPO Interest Drives HKD Higher

By Manesh Samtani | 07/05/2025

If new IPOs in Hong Kong such as CATL perform well, capital inflows to the city will likely continue, and more intervention will be needed.

Fintech / Regtech

Cambodia, Hong Kong Eye Payment System Connectivity

By Editors | 06/05/2025

A proposed MoU between NBC and HKMA would focus on payment system connectivity and collaboration on foreign exchange and reserve management.

AML / KYC

HKMA is Intensifying its Crackdown on Scams, Laundering, Fraud

By Nathan Lynch | 02/05/2025

The HKMA is sharpening its focus on financial crime as scams and fraud complaints continue to rise, albeit at a slower pace compared to previous years.

Fintech / Regtech

HKMA Outlines Plans for Payments Infrastructure Connectivity

By Sanday Chongo Kabange | 30/04/2025

HKMA Deputy CEO Darryl Chan said Hong Kong’s instant payments link with Mainland China is on track for launch in the middle of this year.