Hong Kong Monetary Authority

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    Crypto / Digital Assets

    PBOC Starts Including CBDC Data in Monthly Statistics Report

    By Editors | 12/01/2023

    e-CNY in circulation amounted to around $2bn at the end of December, representing 0.13 percent of total currency in circulation.

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    Crypto / Digital Assets

    HK Lawmaker Proposes to Use e-HKD as Stablecoin for DeFi

    By Sanday Chongo Kabange | 11/01/2023

    LegCo member Wu Jiezhuang says using the CBDC as a government-backed stablecoin will help address virtual asset risks and enhance trust in Web3.

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    Fintech / Regtech

    Hong Kong’s Regulatory Landscape for Data and Technology Risk

    By Albert Yuen | 09/01/2023

    Albert Yuen and Jasmine Yung at Linklaters discuss Hong Kong’s regulatory approach to technology risk and data security.

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    HKMA Raises Bar on Banks’ Complaints Handling Protocols

    By Editors | 08/01/2023

    Banks are expected to proactively make use of alternate dispute resolution channels when complaints cannot be resolved through their internal mechanisms.

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    AML / KYC

    HKMA to Scale Up AML Efforts in 2023: Carmen Chu

    By Bradley Maclean | 04/01/2023

    Executive Director Carmen Chu discusses the actions the HKMA is taking to disrupt AML threats to Hong Kong, and technology initiatives that are making a difference.

    ESG / Sustainability

    HKMA Revises SPM to Embed Climate Risk in Supervisory Approach

    By Editors | 30/12/2022

    Revised SPM illustrates the HKMA’s approach to the supervision of emerging risks such as climate risk under its risk-based supervisory approach.

    HK Regulators Identify Issues in Sales of Tax-deductible Products

    By Sanday Chongo Kabange | 28/12/2022

    Mystery shopping programme identified deficiencies in QDAP and TVC sales practices. Insurers and intermediaries with adverse findings will be required to take remedial actions.

    Press Release

    Regulation Asia: Top 20 News Stories for 2022

    By Editors | 28/12/2022

    This list presents the most-read new stories published by Regulation Asia in 2022, based on aggregated user traffic analytics.

    Press Release

    Regulation Asia: Top Ten Contributed Articles for 2022

    By Editors | 28/12/2022

    This list presents the most-read contributed articles published by Regulation Asia in 2022, based on aggregated user traffic analytics.

    Capital / Liquidity

    APRA to Set CCyB Default Rate at 1pc from 1 Jan 2023

    By Editors | 22/12/2022

    The CCyB default rate in Australia has been set at zero percent of risk-weighted assets since it was introduced in 2016.

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