All posts tagged "HKMA"
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352FeatureHK to Accelerate Plans for Mandatory Climate Disclosures – Report
The HKMA's Darryl Chan reportedly said mandatory climate disclosure requirements could arrive in Hong Kong as early as next year.
June 28, 2021 -
344Capital RegulationHong Kong: ‘Stay Rules’ to Come into Operation on 27 August
Banks have to adopt provisions in financial contracts binding counterparties to temporary stays on termination rights that may be imposed by the HKMA during a bank resolution.
June 28, 2021 -
126Hong KongHKMA, SFC Finalise Latest Changes to FSP List
A unit of Toronto-Dominion Bank will be included on the FSP list. An entity that has merged with Deutsche Bank will be removed.
June 25, 2021 -
244Hong Kong
HKMA Notifies Banks of Enhanced Competency Framework
Banks are asked to review and assess the impact of the SFC's revised framework and take action to ensure compliance.
June 23, 2021 -
599Fintech / RegtechInvestHK Launches 2021 Fintech Fast Track Programme
Selected companies will be showcased prominently at Hong Kong Fintech Week 2021 which takes place from 1 to 5 November.
June 21, 2021 -
375Feature
HKMA to Conduct Industry Stock-take on Fintech Adoption
All licensed banks with significant operations in Hong Kong must prepare and submit a questionnaire on fintech adoption by 31 December.
June 21, 2021 -
431Feature
HKMA Issues Practice Guide on Cloud-based Regtech Solutions
Guidance is provided on the use of APIs to address barriers to adoption created by legacy systems that are inflexible to change.
June 21, 2021 -
650Fintech / Regtech
HKMA Outlines Three Year Roadmap for Suptech Adoption
The HKMA will explore the potential conversion of regulations into machine-executable codes and the introduction of a system that automatically creates regulatory reports.
June 21, 2021 -
374Hong KongHong Kong Needs New Cybersecurity Legislation: FSDC
The FSDC recommends the development of legislation to provide legal certainty and protection, clarity on cross-border data transfers, and a framework for accountability.
June 16, 2021 -
345Capital Regulation
HKMA Defers Implementation of Basel III Capital Standards
Banks have an additional six months to implement the revised frameworks on credit risk, operational risk, output floor and leverage ratio. The market risk and CVA risk frameworks are also deferred.
June 11, 2021
