Hong Kong Monetary Authority - News, Articles & Research

News

Hong Kong brings lending decisions into the digital age

The Hong Kong Monetary Authority (HKMA) is looking to bring lending into the digital age, allowing banks to forgo traditional credit checks on some personal loans in favour of big data analysis.

11 May 2018

Company announcement

Japan and Hong Kong plan cross-border DVP link

Bank of Japan (BOJ) has been discussing with Hong Kong Monetary Authority (HKMA) about introducing framework that enables DVP (delivery versus payment) settlement for cross-border transaction (cross-border DVP link) of Japanese government bonds (JGBs) and Hong Kong dollar (HKD) with a view to reducing settlement risk.

11 April 2018

Company announcement

Hong Kong and Poland sign fintech pact

The Hong Kong Monetary Authority (HKMA) and the Polish Financial Supervision Authority (KNF) exchanged a Memorandum of Understanding (MoU) today (9 March 2018) to enhance fintech collaboration between the two authorities, with a view to strengthening co-operation between the two places in promoting innovative financial services.

09 March 2018

News

Hong Kong sets out guidelines for new virtual banks

Hong Kong's efforts to encourage a wave of new digital banking providers advanced today when the island's central bank published a set of revised guidelines for new entrants.

06 February 2018

Company announcement

Dubai signs fintech pact with Hong Kong

The Dubai Financial Services Authority (DFSA) deepened ties with regulators in Hong Kong today signing two cooperation agreements to enhance collaboration in financial technology (FinTech) innovation.

07 December 2017

Company announcement

HKMA opens fintech supervisory chatroom

The Hong Kong Monetary Authority (HKMA) launched the Fintech Supervisory Chatroom today.

29 November 2017

News

Hong Kong and Singapore joins forces on blockchain trade finance platform

Hong Kong and Singapore have dumped decades-old rivalry for trade flows in South East Asia and signed a fintech co-operation deal to foster the development of innovative financial technology across the region, beginning with a cross-border linkage of DLT-based trade finance platforms.

25 October 2017

News

Hong Kong prepares for a new era of 'smart banking'

The governor of Hong Kong's central bank has spelled out a series of up-and-coming reforms - from the introduction of faster payments to open API standards - intended to prepare the territory for a revolution in retail banking services.

29 September 2017

Company announcement

Cyberport and HKMA lead fintech delegation to London

Hong Kong Cyberport (Cyberport) and the Hong Kong Monetary Authority (HKMA) bring the largest FinTech delegation to London from 19 to 21 September to expand partnership network for FinTech industry players between the two cities.

20 September 2017

Company announcement

Hong Kong and Shenzhen form fintech pact

Mr Norman Chan, Chief Executive of the Hong Kong Monetary Authority (HKMA), visited the Office of Financial Development Service, the People’s Government of Shenzhen Municipality (OFDS) to keep abreast of the applications and latest developments of fintech in Shenzhen, and exchanged views on the co-operation among banks and financial institutions in the two cities.

06 June 2017

News

Hong Kong enters central bank digital currency fray

The Hong Kong Monetary Authority (HKMA) has teamed up with local banks and the R3 consortium to explore the creation of a central bank digital currency.

11 April 2017

News

Banks drive ahead with blockchain project for syndicated loans market

Vendor Synaps Loans and a group of banks working under the R3 blockchain banner, say they have made big progress in an initiative to apply distributed ledger technology to an overhaul of the antiquated and costly manual intervention in the $3 trillion global syndicated loans market.

31 March 2017