Hong Kong Monetary Authority

    ESG / Sustainability

    Interconnected Data: A Strategic Approach to Regulatory Compliance

    By Bradley Foster | 14/02/2022

    Bradley Foster and Murat Bozdemir discuss the need to have a strategic data framework in place to ensure regulatory compliance and set out operational best practices for the road ahead.

    HKMA Further Extends Initiative to Nurture Banking Sector Talent

    By Editors | 09/02/2022

    The Banking Talent Programme provides fresh grads with short-term work opportunities and professional training, partly subsidised by the HKMA.

    Fintech / Regtech

    China Showcases CBDC at Beijing Winter Olympics

    By Sanday Chongo Kabange | 08/02/2022

    Observers say China’s “zero Covid policy” has limited its ability to showcase the e-CNY to a wider population.

    AML / KYC

    Crypto Prepares for a Regulated Future

    By David Liu | 07/02/2022

    As crypto goes mainstream, regulatory compliance will require robust and financial institution-grade AML and KYC processes, says David Liu.

    AML / KYC

    Preparatory Work to Implement Basel III is Progressing: HKMA

    By Editors | 01/02/2022

    The HKMA will submit legislative amendments in early 2023 to implement the Basel III final reforms, which will take effect from 1 July 2023.

    AML / KYC

    HKMA, SFC Allow Intermediaries to Offer Crypto Services

    By Manesh Samtani | 31/01/2022

    Authorised institutions and licensed corporations wishing to offer virtual asset dealing services can do so only by partnering with SFC-licensed trading platforms.

    Market Infrastructure

    HKMA Unveils Plans to Link eTradeConnect, CDI, mBridge

    By Manesh Samtani | 28/01/2022

    HKMA’s Eddie Yue said the combined power of the three infrastructures will pave the way for digitalising cross-border trade across APAC.

    Market Infrastructure

    Five More HK Banks Approved to Launch WMC Services

    By Editors | 28/01/2022

    Chiyu Banking Corporation, Chong Hing Bank, Fubon Bank, Shanghai Commercial Bank, and China Everbright Bank can launch WMC services.

    Fintech / Regtech

    HKMA Issues Regtech Guide on Managing Cyber Risk

    By Manesh Samtani | 26/01/2022

    The guide will help banks apply Regtech solutions for cyber risk management, including to address risks from container technology and remote working.

    AML / KYC

    ‘Focus on Fundamentals’ Could be Financial Crime Achilles Heel

    By Bradley Maclean | 26/01/2022

    New research suggests more meaningful financial crime prevention may be achieved with targeted investments in higher risk areas.

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