Securities firms are allowed to sell financial products directly via Wealth Connect and the individual investor quota has been tripled.
January 25, 2024The HKMA is seeking to extend FINEST, a bank-to-bank information sharing platform launched in June, to allow sharing of personal account information.
January 24, 2024Hong Kong will adopt the IFRS Sustainability Disclosure Standards and integrate transition considerations into policy work.
January 9, 2024Hong Kong will implement a licensing regime that will require issuers of fiat-backed stablecoins that meet certain conditions to be licensed by the HKMA.
December 28, 2023Banks are expected to achieve full compliance with the new Code within 6 months. More time is given for provisions involving complex system changes.
December 8, 2023The “network link-up” will provide a one-stop platform to facilitate cross-border fintech trials and strengthen supervisory cooperation.
November 10, 2023Hong Kong will link FPS with PromptPay and connect the city's payment infrastructure to e-CNY, officials said a Hong Kong Fintech Week.
November 3, 2023The MoU was signed at the Belt and Road Forum, where 100-plus other agreements were also signed and Xi Jinping unveiled further plans to support the initiative.
October 20, 2023New report launched at HKGFA's 6th Annual Forum proposes 21 additional green activities for the next phase of taxonomy development in Hong Kong.
October 5, 2023The new designations bring the total number of designated market makers for Southbound Bond Connect trading from 13 to 22.
September 25, 2023