All posts tagged "HKAB"
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1.5KAML / KYCHKMA Issues AML Guidance to Banks As Pandemic Persists
The guidance sets out key practices banks have been using to manage customer due diligence, resource pressure, and emerging threats in the context of Covid-19.
July 30, 2020 -
2.5KHong Kong
HKMA Publishes Banking Sector Talent Gap Findings
Key skill gaps in the banking workforce were identified in areas relating to technology and data, cybersecurity, core banking knowledge, regulation and compliance, and climate risk management.
June 19, 2020 -
664Hong KongHKMA Initiative to Nurture Young Talent for Banking Industry
The HKMA will sponsor up to half of the salaries of the fresh graduates employed by firms that participate in the Banking Talent Programme.
June 4, 2020 -
1.4KFeature
HKMA 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 -
1.1KChinaChinese 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 -
464Capital Regulation
HK 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 -
634Capital 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 -
717Capital 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 -
3.5KFeature
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 -
979FeatureHong 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
