The initiative is aimed at growing the banking sector talent pool in three areas, namely fintech, green and sustainable finance, and GBA business.
April 29, 2022The paper says e-HKD could bring could present challenges to Hong Kong’s currency and financial stability, as well as the city’s role as an international financial centre.
April 28, 2022A property buyer and two estate agents understated the purchase price so the mortgage would be subject to a lower LTV cap.
April 28, 2022Executive director Carmen Chu says work is underway to update HKMA's guidance on name screening, transaction monitoring and suspicious transaction reporting.
April 27, 2022The Hub’s launch is accompanied by videos featuring regtech solutions from HSBC, Citibank, iFinHealth, Ping An OneConnect Bank and ASTRI.
April 27, 2022The capital standard for banks’ equity investments in funds is expected to come into operation in Hong Kong on 1 July 2022.
April 27, 2022A fresh review of the Banking Code of Practice has been launched, covering information disclosure, customers’ finance management, and dispute handling.
April 20, 2022Etelka Bogardi and Amy Chung say Hong Kong's efforts to regulate the crypto sector and stablecoin market are on the whole in line with international trends while leaving room for further development.
April 20, 2022Hong Kong customers are facing difficulties reactivating their Mainland accounts due to travel restrictions preventing them from visiting the banks’ branches in person.
April 18, 2022The highest ranking retail CBDC projects were from Nigeria, the Bahamas, and China. The highest ranking wholesale CBDC projects were from Thailand, Hong Kong and Singapore.
April 14, 2022