The Central Moneymarkets Unit will be further commercialised and upgraded in phases over three years. A new platform will be launched in 2025.
June 14, 2022The two-day summit is reportedly aimed at reversing an exodus of financial talent from Hong Kong after more than two years of Covid-19 measures.
June 10, 2022BOCHK, Citi, Crédit Agricole CIB, HSBC and StanChart will work closely with IFC and HKMA to advocate client adaptation and promote green finance.
June 8, 2022Hong Kong official Christopher Hui says regulations for banks and money lenders on providing unsecured credit already cover BNPL services.
June 5, 2022The last time the HKMA intervened to defend a weakening HKD was in March 2019. The move is expected to raise borrowing costs.
May 13, 2022The paper says e-HKD could bring could present challenges to Hong Kong’s currency and financial stability, as well as the city’s role as an international financial centre.
April 28, 2022A fresh review of the Banking Code of Practice has been launched, covering information disclosure, customers’ finance management, and dispute handling.
April 20, 2022The Banking Talent Programme provides fresh grads with short-term work opportunities and professional training, partly subsidised by the HKMA.
February 9, 2022HKMA's Eddie Yue said the combined power of the three infrastructures will pave the way for digitalising cross-border trade across APAC.
January 28, 2022The HKMA has also finalised its guidance on climate risk management, giving banks until end-2022 to implement the new measures.
January 3, 2022