HONG KONG MONETARY AUTHORITY

    Market Infrastructure

    IFC, HKMA Launch New Alliance to Address Climate Change

    By Editors | 09/11/2020

    IFC and the HKMA will bring together FIs, associations, research institutions, and technology providers to build capacity for green finance and promote climate investments.

    Market Infrastructure

    HKMA Invites Tenders to Implement LIBOR Transition for Exchange Fund

    By Editors | 09/11/2020

    Interested parties should arrange project staff members who are familiar with or experienced in the Calypso system and LIBOR transition.

    Fintech / Regtech

    HKMA Seeks ‘Multi-CBDC Platform’ to Enhance Cross-border Payments

    By Manesh Samtani | 04/11/2020

    Project Inthanon-LionRock with the BOT is entering its second phase, which will have participation from HKEX, 19 banks, and five corporates.

    HKMC Extends Fixed-Rate Mortgage Pilot Scheme for One Year

    By Sanday Chongo Kabange | 04/11/2020

    The scheme provides an alternative financing option for homebuyers to mitigate risks arising from interest rate volatility.

    Market Infrastructure

    HKMA Launches Upgraded Cybersecurity Fortification Initiative

    By Editors | 03/11/2020

    CFI 2.0 streamlines the cyber resilience assessment process, incorporates international practices on incident response and recovery, and facilitates the development of the local talent pool.

    Fintech / Regtech

    Hong Kong, China Successfully Connect Trade Finance Platforms

    By Manesh Samtani | 03/11/2020

    Seven banks have already used the connection to conduct cross-border trade financing transactions, with the total trade value exceeding HK$26mn.

    Big Picture

    The Case for an Alternative Credit Scoring Ecosystem in Hong Kong

    By Manesh Samtani | 03/11/2020

    A new whitepaper commission by the HKMA describes alternative credit scoring and how it works, and explains why it can help the banking industry and MSMEs.

    Fintech / Regtech

    HKMA to Target Accelerated RegTech Adoption in 2021

    By Manesh Samtani | 03/11/2020

    The HKMA wants to see banks embracing and trialling new technologies and proofs of concept, and ultimately adopting more Regtech solutions, said central banker Arthur Yuen.

    Uncategorised

    BIS Innovation Hub, HKMA Announce TechChallenge Winners

    By Editors | 02/11/2020

    The winning proposals hold ‘great potential’ for addressing some long-standing pain points of the global trade finance business, said the HKMA’s Edmond Lau.

    Fintech / Regtech

    HKMA Unveils Financial Infrastructure Project to Facilitate SME Lending

    By Manesh Samtani | 02/11/2020

    The HKMA is working with banks to study the feasibility of the ‘Commercial Data Interchange’, a new financial infrastructure to facilitate financial intermediation.

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