The RBI invited expressions of interest last September. The $10mn contract has now been awarded to McKinsey and Accenture.
August 15, 2023The two central banks will also collaborate on financial infrastructure development, sustainable development and fintech.
July 28, 2023The 2023 TechSprint will focus on technology solutions to address illicit finance risk, FX and liquidity solutions, and technology for CBDC platforms.
May 5, 2023Regnology's Joanne Horgan and Raymond Hee talk to Regulation Asia about SupTech trends, implementation challenges, and how regulators are changing the way they work.
March 30, 2023Guidance is offered to reduce the burden on legitimate private banking customers trying to use banking services in Hong Kong.
March 8, 2023The system will be used to monitor compliance and improve compliance culture at supervised entities such as banks and NBFCs, the RBI said.
October 12, 2022Central to success is a high level of commitment to a “digital first” strategy, both from the regulatory community and the wider industry.
September 25, 2022The software will streamline and automate regulatory supervision, reporting and compliance assessment of banks’ cybersecurity risk management.
September 6, 2022The keynote address at Fraud & Financial Crime Asia 2022 was delivered by Carmen Chu, Executive Director (Enforcement and AML) at the HKMA.
July 25, 2022HKMA executive director Carmen Chu discussed initiatives to enable bank-to-bank information sharing and use granular bank data to detect ML risk.
July 14, 2022