Hong Kong Monetary Authority

Payments & Settlements

HKMA Unveils Details of New RMB Trade Financing Liquidity Facility

By Manesh Samtani | 10/02/2025

Banks that have the required governance and controls in place can start tapping the new facility on a pilot basis starting 28 February 2025.

Sustainable Finance

Hong Kong to Develop Operational Guidance for Transition Finance

By Sanday Chongo Kabange | 07/02/2025

This year, Hong Kong regulators will also launch an official “green fintech map” and a “transition finance knowledge hub”.

Credit Risk

HK Banks to Collaborate to Help SMEs Resolve Difficulties: HKAB

By Sanday Chongo Kabange | 04/02/2025

HKAB said StanChart, BOCHK, HSBC, BEA, DBS, and Hang Seng are piloting a collaborative approach to negotiating SME financing arrangements

AI Risk & Governance

HKMA Develops AI-Powered Sentiment Tracker for Mainland Property Market

By Manesh Samtani | 03/02/2025

The GenAI-driven sentiment index, which uses Chinese social media data, is able to act as a leading indicator for Mainland property sales

Conduct, Culture & Accountability

HKMA Will Monitor Banks’ Asset Management Activities

By Editors | 31/01/2025

HKMA called attention to an SFC circular which described the misconduct of asset managers as “egregious” and lacking in integrity

Conduct, Culture & Accountability

Hang Seng Bank Fined for Mis-selling Investment Products

By Sanday Chongo Kabange | 28/01/2025

SFC Executive Director of Enforcement Christopher Wilson described Hang Seng Bank’s misconduct as “serious and systemic”.

Capital Adequacy

HKMA Finalises Policy Manual on How Pillar 2 Capital is Determined

By Manesh Samtani | 27/01/2025

The HKMA will consider whether banks have taken into account material climate-related financial risks when determining Pillar 2 capital requirements.

Credit Risk

HKMA Publishes Banking Sector Priorities for 2025

By Sanday Chongo Kabange | 24/01/2025

The HKMA’s 2025 workplan includes measures to safeguard the banking sector from financial crime, credit risk and cyber risk.

Tokenisation

BoCom Become First Chinese Bank to Issue Digitally Native Bond

By Mark Johnston | 23/01/2025

Bank of Communications issued the $300mn bond via its Hong Kong branch using the HSBC Orion digital asset platform.