ADVERTISEMENT
Hong Kong Monetary Authority
AML / KYC
HK Banks Extend Fraud Alerting Service to Counter Transactions
By Editors | 02/08/2024
HKMA said customers will receive fraud risk alerts regardless of whether a transfer is conducted at a branch or through online channels.
Market Infrastructure
HKMA Sets Expectations for CRA’s Exit from ‘Credit Data Smart’
By Sanday Chongo Kabange | 01/08/2024
Credit reference agency Nova Credit Limited has decided to cease operations and exit the new credit reference platform known as Credit Data Smart.
Crypto / Digital Assets
HKMA Opens Tender for Services to Support CBDC Sandboxes
By Editors | 30/07/2024
Hosting and supporting services would have to support up to 25 participants in the Project Ensemble and e-HKD sandboxes.
Hong Kong Reappoints HKMA Chief for Second Term
By Nithya Subramanian | 29/07/2024
During his second term, Eddie Yue said the HKMA will deepen connectivity with the Mainland and promote fintech and sustainable finance.
Capital / Liquidity
HKMA Consult on Revised Guidance for CCyB Calculations
By Editors | 25/07/2024
The SPM module being revised provides guidance for banks on determining the RWA corresponding to their private sector credit exposures for the purpose of calculating CCyB ratios.
Fintech / Regtech
HKMA Publishes RegTech Bulletin on Best Execution Services
By Manesh Samtani | 24/07/2024
The bulletin says best execution services can be particularly helpful for exotic instruments, which often don’t have sufficient pricing information.
Crypto / Digital Assets
HKMA Names First Participants of Stablecoin Sandbox
By Sanday Chongo Kabange | 19/07/2024
The participants are Jingdong Coinlink Technology, RD InnoTech, Standard Chartered, Animoca Brands, and HKT.
Crypto / Digital Assets
Hong Kong Publishes Results from Stablecoin Consultation
By Sanday Chongo Kabange | 18/07/2024
Based on feedback, the FSTB and HKMA will prepare a bill to implement a regulatory regime for stablecoins and submit it to LegCo later this year.
Fintech / Regtech
HKMA Assessing Whether Virtual Banks Have Achieved Policy Goals
By Editors | 17/07/2024
The HKMA is evaluating whether the eight virtual banks have achieved the intended policy objectives since the licences were granted in 2019.
Crypto / Digital Assets
Hong Kong to Release Stablecoin Consultation Results “Soon”
By Sanday Chongo Kabange | 16/07/2024
The FSTB said it will “soon” release the results of a 2023 consultation on the proposed regulatory regime for fiat-referenced stablecoins.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.