Hong Kong Monetary Authority

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    Capital / Liquidity

    HKMA Finalises Guidance, Reporting Form for CCyB Framework

    By Editors | 02/01/2025

    Reporting institutions should submit the revised return form starting from the reporting position as of 31 March 2025.

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    Market Infrastructure

    SFC, HKMA Issue Revised Derivatives Reporting Guidance

    By Editors | 30/12/2024

    Revised FAQs and Supplementary Reporting Instructions have been issued to reflect changes taking effect on 29 September 2025.

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    AML / KYC

    HKMA Directs Banks to Implement More Anti-Scam Measures

    By Manesh Samtani | 28/12/2024

    HKMA says banks should seek Police assistance and consider holding the transaction if they believe a customer is being scammed.

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    HKMA Streamlines Audio-recording Requirement for Investment Sales

    By Editors | 26/12/2024

    HKMA circular covers the use of video conferencing and other digital tools to conduct investment transactions of retail banking customers.

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    Securities / Derivatives

    Hong Kong and UAE to Connect Debt Capital Markets

    By Editors | 24/12/2024

    HKMA and CBUAE aim to “allow seamless and cost-effective cross-border debt securities issuance, trading, investment, settlement as well as collateral management.”

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    Fintech / Regtech

    HKMA’s Carmen Chu Urges Banks to ‘Embrace the Opportunities’ of GenAI

    By Sanday Chongo Kabange | 22/12/2024

    HKMA’s Carmen Chu said banks should foster a culture of “continuous learning” within their institutions and experiment with HKUST’s InvestLM GenAI Platform.

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    Market Infrastructure

    HKMA Requiring Banks to Develop Capability to Switch Between CRAs

    By Sanday Chongo Kabange | 20/12/2024

    Retail banks must have agreements in place with more than one CRA by Jan 2025 and complete switch-over testing within Q2 2025

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    Fintech / Regtech

    HKMA Announces First Batch of GenAI Sandbox Participants

    By Sanday Chongo Kabange | 20/12/2024

    15 use cases from 10 banks and 4 technology partners were selected. Technical trials will commence in early 2025.

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    ESG / Sustainability

    HKMA Issues New Guidance for Banks on Transition Planning

    By Manesh Samtani | 17/12/2024

    The guidance covers governance, implementation strategy, engagement strategy, metrics and targets, data collection, scenario analysis, and disclosure/communication.

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    Capital / Liquidity

    HKEX to Accept CGBs as Collateral for Swap Connect from 13 Jan

    By Sanday Chongo Kabange | 17/12/2024

    From 13 January, China government bonds held through Bond Connect can be used as collateral for Northbound Swap Connect.

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