HKMA

New Business

HKMA picks 10 banks, 4 tech firms as Hong Kong evaluates commercial benefits of GenAI

The Hong Kong Monetary Authority has picked 10 banks and four technology partners to test more than a dozen use…

Read More »
New Business

In Hong Kong vs Trump 2.0, global CEOs see new hopes, old threats

China envisions Hong Kong’s capital markets as a beacon of prosperity, having lifted the city out of social chaos in…

Read More »
Tech

Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market

Hong Kong’s de facto central bank on Wednesday launched a sandbox for wholesale central bank digital currency (wCBDC), with six…

Read More »
New Business

HKMA links data platform with Companies Registry to help SMEs open bank accounts

Hong Kong’s de facto central bank is pulling out all the stops to help the city’s struggling small and medium-sized…

Read More »
Tech

Hong Kong issues generative AI guidelines to banks to avoid bias against consumers

Hong Kong’s de facto central bank is urging financial institutions in the city to follow a new set of guidelines…

Read More »
Tech

HKMA, Cyberport collaborate on GenAI sandbox to foster adoption in city’s banking industry

The HKMA did not specify the eligible requirements for the GenAI sandbox and its application process, but said these details…

Read More »
New Business

Hong Kong rules out more virtual banks, citing need for ‘healthy development’ of sector

The Hong Kong Monetary Authority (HKMA) has ruled out issuing new virtual bank licences after a review found that the…

Read More »
New Business

Hong Kong signs agreement with People’s Bank of China to enhance Faster Payment System

The Hong Kong Monetary Authority (HKMA) has signed an agreement with the Chinese central bank to promote cross-border linkages for…

Read More »
New Business

Hong Kong to ease key mortgage insurance rule to help families cope with financial stress

Hong Kong, through its mortgage insurance programme company, is relaxing one of its key rules to help the city’s residents…

Read More »
New Business

Hong Kong’s so-called upside-down home loans steady, but could rise if prices fall further

Hong Kong’s falling home prices have had a limited impact on mortgage borrowers, but the situation could drag more homeowners…

Read More »
Back to top button