Hong Kong Monetary Authority

Structural Regulation

Hong Kong, Macao Regulators Sign Revised Cooperation Pact

By Sanday Chongo Kabange | 05/03/2026

The agreement between the HKMA and AMCM expands collaboration beyond banking supervision to include financial infrastructure linkage and information exchange within the GBA.

Clearing & Post-Trade

ISDA Urges Hong Kong to Widen Exemptions from Clearing Mandate

By Manesh Samtani | 04/03/2026

Responding to an SFC-HKMA consultation, ISDA said it supports permanent calculation periods for clearing but urges the regulators to expand the scope of exemptions.

Trading & Investment

Hong Kong Confirms Tax Overhaul Plan for Funds and Family Offices

By Sanday Chongo Kabange | 04/03/2026

The plan expands eligible assets to include digital assets and private credit, while introducing new economic substance requirements for funds seeking exemptions.

Payments & Settlements

WeChat Pay Becomes First Wallet on New 'Payment Connect' System

By Sanday Chongo Kabange | 04/03/2026

The Tencent-owned wallet has partnered with HSBC to offer real-time, fee-free remittances, connecting Hong Kong's FPS with the mainland's IBPS.

Resolution & Recovery

HKMA Embeds Resolution Readiness Into Bank Authorisation Criteria

By Manesh Samtani | 04/03/2026

Updated guidelines for bank authorisation now explicitly link core liquidity and systems requirements to an institution's ability to be resolved orderly.

Stablecoins

HSBC Signals Intent to Engage with HK Stablecoin Regime - Reports

By Sanday Chongo Kabange | 04/03/2026

HSBC has praised the city’s “sound regulatory environment” and confirmed it is in active discussions with the HKMA.

Structural Regulation

HKMA Tightens Compliance Rules for Non-banks Using 'Bank' Names

By Manesh Samtani | 04/03/2026

Updated guidelines introduce stricter information requirements and mandatory advance notifications for any branding changes by non-bank entities.

Custody & Infrastructure

Hong Kong and Shanghai to Build Blockchain Trade Finance Platform

By Sanday Chongo Kabange | 03/03/2026

The initiative aims to digitise the US$1.5 trillion cargo finance market by linking mainland trade data with global financial systems.

Fraud, Scams & Cybercrime

Hong Kong SFC Bans Former Representative of Sun Hung Kai for Life

By Sanday Chongo Kabange | 27/02/2026

The individual conducted unauthorised trades and forged documents over a five-year period to conceal significant client losses.