HONG KONG MONETARY AUTHORITY

Market Infrastructure

Hong Kong’s First Critical Infrastructure Cybersecurity Law is Becoming Reality

By Albert Yuen | 17/02/2025

Albert Yuen and Eunice Lee at Linklaters discuss the proposed new Cyber CI Bill and its implications for critical infrastructure operators.

Capital / Liquidity

HKMA Directs Banks to Enhance Interest Rate Risk Management

By Sanday Chongo Kabange | 13/02/2025

The HKMA says AIs must strengthen the management of interest rate risk, emphasising CARs disclosure and usage of behavioural models.

Crypto / Digital Assets

HKMA Consults on Amendments to Banking Capital Rules

By Sanday Chongo Kabange | 12/02/2025

The amendments to certain definitions or provisions aim to enhance clarity and align with the Basel framework.

Capital / Liquidity

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.

ESG / Sustainability

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”.

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

Fintech / Regtech

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

Securities / Derivatives

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

Enforcement

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”.