Hong Kong Monetary Authority

Trading & Investment

HKMA Exploring External Managers for Exchange Fund Mandate - Report

By Sanday Chongo Kabange | 05/06/2026

The HKMA is reportedly seeking external managers for a potential S&P 500 allocation, demanding a low-tracking-error approach and warning of strict performance oversight.

Fraud, Scams & Cybercrime

Hong Kong to Mandate Enhanced Digital ID Checks for Banks to Fight Fraud

By Sanday Chongo Kabange | 05/06/2026

Financial regulators will require banks to integrate the government’s ‘iAM Smart’ digital ID for high-risk processes like remote account opening to combat sophisticated identity theft.

Tokenisation

HKMA Clarifies Classification Conditions for Tokenised Assets

By Editors | 04/06/2026

The regulator has updated its criteria for classifying cryptoassets, clarifying the supervisory requirements for tokenised traditional assets on permissionless blockchains.

Cybersecurity

HKMA Warns Banks on AI-Powered Cyber Threats, Issues New Rules

By Sanday Chongo Kabange | 03/06/2026

The regulator has outlined new expectations for firms and launched several initiatives to bolster the sector’s cyber resilience.

CBDCs

Macau Joins mBridge CBDC Platform to Boost Cross-Border Payments

By Sanday Chongo Kabange | 02/06/2026

Macau's central bank has become a full participant in the multilateral project, authorising eleven local banks to use the platform for transactions.

Credit Risk

IMF Urges Hong Kong to Bolster Oversight of Property and NBFI Risks

By Manesh Samtani | 02/06/2026

The report calls for sustained vigilance over CRE exposures, enhanced system-wide stress testing, and stronger climate risk integration for FIs.

Operational Risk

HKMA Directs Banks to 'Sustain and Uplift' Operational Resilience

By Sanday Chongo Kabange | 02/06/2026

The regulator has outlined its expectations for firms to treat operational resilience as ‘business as usual’ following a multi-year implementation phase.

Cryptocurrency

Hong Kong Regulators Outline Progress on Digital Assets Initiatives

By Sanday Chongo Kabange | 02/06/2026

Regulators have detailed plans for a new virtual asset bill, a live stablecoin regime, and a next-generation digital asset platform.

Market Risk

HKMA Outlines Good Practices for Market Risk Capital Rules

By Sanday Chongo Kabange | 01/06/2026

The regulator has shared key observations from thematic reviews on how banks calculate market risk capital charges under the final Basel III framework.