Hong Kong Monetary Authority

Market Infrastructure

HKMA Allows WMC Participation by Non-Locally Incorporated AIs

By Sanday Chongo Kabange | 03/06/2024

Non-locally incorporated AIs may provide southbound WMC services through their Hong Kong branches if they meet certain requirements.

ESG / Sustainability

HKMA Launches Beta Platform for Physical Risk Assessments

By Sanday Chongo Kabange | 30/05/2024

The cloud-based platform enables banks to assess the physical risks of climate change on residential and commercial buildings.

HKMA Updates SPM Module to Drive Banking Sector Upskilling

By Editors | 24/05/2024

The revised SPM module is part of the HKMA’s effort to drive upskilling and reskilling of banking practitioners.

Fintech / Regtech

“Ecosystem Approach” Vital to Combat Digital Fraud: HKMA

By Nithya Subramanian | 23/05/2024

Coordinated global efforts and information sharing initiatives are becoming more commonplace to combat fraud, but there is still work to do, said HKMA’s Carmen Chu.

Capital / Liquidity

HKMA Announces Refinements to USD Liquidity Facility

By Editors | 22/05/2024

The settlement date will be the same day as the tender date (T+0), instead of the business day after the tender date (T+1).

Crypto / Digital Assets

HKMA, PBOC Expand Scope of e-CNY Pilot in Hong Kong

By Editors | 20/05/2024

Users can top up their wallets using Hong Kong FPS. This is the world’s first linkage between a faster payment system and a CBDC system.

Crypto / Digital Assets

StanChart, Mastercard Complete PoC Involving Tokenised Carbon Credits

By Editors | 15/05/2024

Mastercard, StanChart, Mox Bank and Libeara are partnering to catalyse the adoption of tokenisation in financial assets.

Market Infrastructure

Regulators Announce Enhancements to Swap Connect

By Sanday Chongo Kabange | 14/05/2024

The enhancements will enrich the tradeable products, improve ancillary services, and reduce investor participation costs.

Securities / Derivatives

HKMA Issues Revised Guideline on SFC-registered AIs

By Editors | 13/05/2024

The revised module aims to serve as a “convenient regulatory handbook” for HKMA-authorised institutions that are also registered with the SFC.