HKMA's Eddie Yue said the combined power of the three infrastructures will pave the way for digitalising cross-border trade across APAC.
January 28, 2022Chiyu Banking Corporation, Chong Hing Bank, Fubon Bank, Shanghai Commercial Bank, and China Everbright Bank can launch WMC services.
January 28, 2022The guide will help banks apply Regtech solutions for cyber risk management, including to address risks from container technology and remote working.
January 26, 2022New research suggests more meaningful financial crime prevention may be achieved with targeted investments in higher risk areas.
January 26, 2022Banks should aim to have all their FX trades become eligible for PvP settlement, while also encouraging counterparties to do the same.
January 19, 2022Banks including Goldman Sachs, Bank of America, Morgan Stanley and UBS are struggling to bring key executives into Hong Kong due to flight bans.
January 18, 2022The case involved control deficiencies in respect of 33 Financial Services Limited's transaction monitoring and name screening systems, the HKMA said.
January 17, 2022The HKMA expects banks to be able to model liquidity and funding needs in a resolution scenario over various time horizons.
January 16, 2022Only Hong Kong incorporated entities licensed by the HKMA would be allowed to actively market stablecoins to the local public.
January 13, 2022The HKMA cited uncertainties caused by the spread of Covid-19 and global supply chain disruptions that are continuing to pressure corporates.
January 12, 2022