Hong Kong Monetary Authority

Capital / Liquidity

HKMA Directs Banks to Adopt Enhanced Consumer Debt Relief Plan

By Sanday Chongo Kabange | 24/11/2025

The HKMA urges wider adoption of the interbank debt relief plan, digitalisation, and best practices to help struggling personal borrowers.

Fintech / Regtech

HKMA Official Discusses Approach to AI Regulation, Anti-fraud Strategy

By Manesh Samtani | 24/11/2025

In a speech, Executive Director Alan Au outlined the HKMA's regulatory approach to Generative AI and measures to combat financial fraud.

AML / KYC

HKMA Issues Guidance to Curb 'Overly Cautious' AML Checks on PEPs

By Sanday Chongo Kabange | 24/11/2025

The HKMA’s new 'Smart Tips' guidance clarifies rules for domestic and former PEPs, urging banks to adopt a more proportionate, risk-based approach.

Capital / Liquidity

HKMA Tightens Rules on Insurance Premium Financing After Review

By Sanday Chongo Kabange | 24/11/2025

The HKMA says new standards from 1 January 2026 will ban bundling, require clearer risk disclosures, and address concerns over short-term loans.

AML / KYC

HKMA Reports on AI Adoption Status in Transaction Monitoring

By Sanday Chongo Kabange | 23/11/2025

The HKMA revealed high uptake following its September 2024 directive and announced new workshops on the use of AI and crypto-related risks.

HKMA Revises Insurance Business Rules for Banks

By Sanday Chongo Kabange | 21/11/2025

The updated policy manual reiterates expectations on corporate governance and clarifies the authority and seniority required for responsible officers supervising insurance activities.

Crypto / Digital Assets

OMFIF Report: Flawed Basel Rules Hinder Bank Adoption of Public Blockchains

By Manesh Samtani | 21/11/2025

A global working group calls on regulators to abandon prescriptive architectural rules for blockchain and instead adopt a 'function over form' approach.

Fintech / Regtech

Hong Kong, Shenzhen Launch Action Plan to Build Global Fintech Hub

By Sanday Chongo Kabange | 20/11/2025

The plan details cross-border regulatory co-operation, data validation platforms, and new funding channels to deepen financial integration by 2027.

Capital / Liquidity

HKMA Intensifies Scrutiny of Bank Property Lending – Reports

By Sanday Chongo Kabange | 20/11/2025

The HKMA is increasing calls to lenders and questioning decisions on distressed loans and collateral valuations.