The first applicant, backed by CMB International, has been approved. The latest applicant is a SPAC majority owned by ex-HKMA chief Norman Chan.
March 3, 2022Incoming HKMA chief Eddie Yue vowed to defend Hong Kong's currency peg, promote market development opportunities, and foster a better ecosystem for fintech, regtech and suptech.
October 4, 2019The Hub will foster collaboration between central banks and scale up the application of innovative technologies globally, says the HKMA’s Norman Chan.
September 18, 2019The updated Liquidity Facilities Framework is part of ongoing work to maintain the integrity and stability of Hong Kong’s monetary and financial systems, said HKMA chief Norman Chan.
August 27, 2019Yue is the "person best suited for this position", said Hong Kong's Financial Secretary Paul Chan announcing the appointment on Thursday.
July 26, 2019The HKMA is addressing culture and conduct risk by learning from other markets, engaging with other regulators, and exploring new technology, say Jeff Kupfer and Stephen Scott at Starling Trust.
May 21, 2019HKMA and BOT have agreed to collaborate on fintech innovation, including through a joint research project on the development of a central bank digital currency.
May 15, 2019The measures include the development of a common framework and methodology for banks to assess how 'green' they are, and requirements to meet supervisory targets in this regard.
May 8, 2019The three newly licenced virtual banks are joint ventures involving BOCHK, JD Digits, Jardines, Standard Chartered, HKT, PCCW, Ctrip, ZhongAn Online and Sinolink.
March 27, 2019BOCHK has been granted regulatory approval to launch a pilot scheme that enables Hong Kong citizens to open a personal bank account in the mainland, remotely.
March 21, 2019