All posts tagged "HKMA"
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226AML / KYCHong Kong Insurance Authority Allows Non-face-to-face Product Sales
The temporary measures are aimed at reducing the risk of Covid-19 infection from face-to-face meetings between insurers, intermediaries and clients.
February 25, 2020 -
476Australia & NZIs RegTech Coming of Age in Australia?
Regtech is not fintech, says Stephen Scott at Starling. While fintech firms look to regulators for permission, what most regtech firms require from regulators is their collaboration.
February 25, 2020 -
369Fintech / RegtechHKMA Invites Tenders to Implement Data Automation, Analytics
The HKMA is inviting tenders to provide the regulator implementation services for data automation and big data analytics.
February 24, 2020 -
424Hong KongHong Kong Bankers Compare Covid-19 to ‘Nightmare’ Stress Test
The actions being taken to combat the novel coronavirus are reportedly "very close" to those taken in a simulated exercise last October, which involved a pandemic, cyberattack and telecoms breakdown.
February 17, 2020 -
564Fintech / RegtechHKMA Invites Tenders to Facilitate Regtech Adoption in Banking
The HKMA is inviting tenders for the provision of professional services to help it facilitate the adoption of regtech by the banking industry.
February 17, 2020 -
287Capital Regulation
HKMA Convenes Special Teleconference on SME, Personal Lending
The Banking Sector SME Lending Coordination Mechanism discussed ways to extend greater support to SME and retail customers, in light of the Covid-19 threat to cashflows.
February 14, 2020 -
348Capital RegulationHKMA Vows to Preserve Stability Amid Covid-19 Threat
HKMA chief Eddie Yue indicated a willingness to be flexible towards banks facing difficulties in meeting regulatory requirements.
February 13, 2020 -
305Hong KongHSBC Provides Relief to Customers Impacted by Outbreak
HSBC becomes the latest Hong Kong bank to announce relief measures for business owners impacted by the novel coronavirus and its effects on the economy.
February 10, 2020 -
760Hong Kong
HKMA Urges ‘Sympathetic Stance’ for Borrowers Affected by Coronavirus
The HKMA is encouraging banks to adopt a sympathetic stance to customers facing coronavirus-related difficulties and to consider offering relief on debt repayment and fees.
February 7, 2020 -
239Capital Regulation
HKMA Maintains 2% CCyB Amid ‘Uncertain’ Environment
HKMA chief Eddie Yue says it is appropriate to maintain the CCyB at 2.0% to allow more time to "observe the trend".
January 30, 2020
