The HKMA is inviting tenders to provide consultancy services to help enhance its core financial market infrastructures, particularly in the areas of payments and securities.
March 9, 2020While Hong Kong and Korea are scheduled to undergo the assessment, as required every five years, the Philippines has voluntarily requested its assessment.
January 31, 2020FIs will have to adopt provisions in financial contracts binding counterparties to temporary stays on termination rights that may be imposed by the HKMA during bank resolution.
January 23, 2020Central banks urge stakeholders to pursue adoption of common strategy to improve security of wholesale payments; will monitor progress to determine the need for further action.
May 9, 2018Latest report on implementation of IOSCO’s Principles of Financial Market Infrastructures raises concerns about the speed of progress for CCPs putting in place risk management and recovery planning measures.
May 7, 2018