All posts tagged "HKAB"
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835FeatureHKMA Proposes Mandatory Reference Checks to Stop Rolling Bad Apples
Under the scheme, prospective employees would be required to disclose employment records to recruiting AIs before a new employment relationship is established.
May 8, 2020 -
1.0KChinaChinese Regulators Announce Coronavirus Support Measures
PBOC has extended the Lunar New Year closure of financial markets until 3 February and vowed to inject liquidity into the markets when they reopen.
January 30, 2020 -
403Capital RegulationHK Banks Pledge Continued Leniency for SME Borrowers
At the second meeting of the Banking Sector SME Lending Coordination Mechanism, established in October, banks agreed to a number of additional measures to aid SME borrowers.
January 21, 2020 -
550Capital RegulationHong Kong Introduces New Loan Guarantee Scheme for SMEs
LegCo has approved HK$33bn in funding to provide 90% guarantees on approved loans taken out by eligible enterprises and professionals seeking to set up their own practices.
December 10, 2019 -
620Capital Regulation
HKMA, Hong Kong Banks Pledge Leniency for SME Borrowers
Nine major Hong Kong banks have pledged to help SME customers that encounter financial difficulties by adopting accommodative lending policies.
October 18, 2019 -
3.2KFeature
HKMA Urges ‘Data Ethics’ in FinTech Development
The HKMA encourages authorised institutions to adopt the PCPD's Ethical Accountability Framework in the development of fintech products and services.
May 6, 2019 -
946FeatureHong Kong Lawmakers Push for Consumer Data Protections – Report
Lawmakers are pushing for greater oversight of credit reference agencies following the discovery of security loopholes in TransUnion's online service for credit reports.
January 8, 2019 -
1.0KAML / KYCTransUnion Online Service Suspended in Hong Kong – Reports
The HKMA and privacy commissioner have demanded security improvements after reporters were able to access top officials' credit reports through TransUnion's online service.
December 3, 2018 -
918Featured Articles
HKMA Finalises Virtual Bank Rules, Applications Now Open
Regulator publishes final guidelines but no change in capital requirements; companies seeking inclusion in first batch of virtual bank applications can apply by 31 August.
June 1, 2018
