Hong Kong Monetary Authority

Trading & Investment

China Considers Expanding Wealth Connect Scheme Beyond GBA

By Editors | 13/09/2025

Regulators are reportedly exploring a 'version 3.0' of the cross-border investment programme, with a draft consultation paper possible by year-end.

Operational Risk

HKMA Flags Digital Fraud as Higher Priority Than Crypto, CRE Risks

By Manesh Samtani | 12/09/2025

Arthur Yuen said at the FT Live Asia Banking Summit on Thursday that the impact of digital fraud on the broader economy and social fabric is systemic.

Liquidity Risk

HKMA Delays Implementation of Stricter Liquidity Reporting Rules

By Manesh Samtani | 11/09/2025

HKMA has pushed back the deadline for its revised MA(BS)23 return to June 2026 but will collect similar data from selected banks in the interim.

Sustainable Finance

20 More Lenders Join IFC's Alliance for Green Commercial Banks

By Nithya Subramanian | 11/09/2025

The new joiners include leading institutions from eight APAC markets, along with BNP Paribas, with collective assets exceeding USD 5.6 trillion.

Stablecoins

HK Official Offers Clarity on Treatment of OTC Trades Under Stablecoin Law

By Sanday Chongo Kabange | 11/09/2025

Christopher Hui said virtual asset OTC trading institutions will not be permitted to offer stablecoins, even if those stablecoins are licensed.

Capital Adequacy

HKMA Consults on Crypto-Asset Reporting Rules for Banks

By Manesh Samtani | 10/09/2025

The regulator has released draft guidance on capital, liquidity, and large exposure reporting to implement the Basel Committee's global crypto standard.

Sustainable Finance

Hong Kong Officials Outline Four-Pillar Green Finance Strategy

By Sanday Chongo Kabange | 09/09/2025

Secretary for Financial Services and the Treasury, Christopher Hui outlined a comprehensive strategy to secure Hong Kong's status as a sustainable finance hub.

Stablecoins

ICBC, HSBC Joining Race for HK Stablecoin Licences - Report

By Editors | 09/09/2025

The banks have reportedly expressed interest to the HKMA, joining a crowded field vying for one of the first issuer licences.

Sustainable Finance

HKMA Consults on Expanded Sustainable Finance Taxonomy

By Sanday Chongo Kabange | 09/09/2025

The HKMA has launched “Phase 2A” of its sustainable finance taxonomy, adding transition criteria and adaptation objectives.