A key objective of the update is to support greater use of technology to generate targeted alerts and more actionable intelligence, the HKMA said.
February 10, 2023The 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 flagged issues related to risk assessments, business partner arrangements, customer risk assessments, and transaction monitoring.
September 28, 2021The HKMA will launch interactive lab sessions to experiment with new technologies and emerging data analytics techniques, with an initial focus on network analytics and NLP.
August 12, 2021The Financial Industry Recruitment Scheme for Tomorrow scheme aims to create 1,500 full-time jobs in the financial services industry.
September 6, 2020The HKMA will sponsor up to half of the salaries of the fresh graduates employed by firms that participate in the Banking Talent Programme.
June 4, 2020Social distancing has put KYC into sharp focus, with regulators reiterating their support for digital onboarding to ensure financial transactions are possible.
April 28, 2020AIs and SVF licensees are encouraged to continue the provide the public convenient account opening and access to banking and payment services.
April 8, 2020