Account opening by attestation is expected to be piloted for the WMC's Northbound scheme, allowing Hong Kong investors to participate without having to travel.
December 2, 2021The issuance is aimed at encouraging the private sector to issue similar products and develop of other HONIA-linked instruments.
November 8, 2021The HKMA's Edmond Lau highlighted three essential elements for LIBOR transition: operational and system capabilities, effective coordination; commitment from top management.
March 18, 2021From 6 December onwards, individuals can link their HKID numbers to a bank account to conveniently receive payments, the HKMA said.
December 3, 2020The winning proposals hold 'great potential' for addressing some long-standing pain points of the global trade finance business, said the HKMA's Edmond Lau.
November 3, 2020The scheme will be capped at 150 bn yuan in each direction, and an individual quota of 1 mn yuan will be imposed on Greater Bay Area residents.
October 23, 2020The HKMA' Edmond Lau says encouraging progress has been made to allow Hong Kong banks to provide cross-border mortgage services in the Greater Bay Area.
October 12, 2020Private firms are invited to submit innovative solutions that can help enhance trade finance mechanisms, connectivity and infrastructure.
August 4, 2020