Tag: Hong Kong Monetary Authority.
Hong Kong to fortify financial stability with new stablecoin regulations
Hong Kong is poised to introduce a new regulatory regime for fiat-referenced stablecoin (FRS) issuers following positive feedback from a public consultation.
HKMA publishes pilot climate risk stress test results
Climate risk stress tests by the Hong Kong Monetary Authority (HKMA) have found climate risks could cause significant adverse impacts on the banking sector under extreme scenarios.
Hong Kong could introduce mandatory climate disclosures as early as 2022,...
The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.
HKMA commended on its AML and CTF processes by global standard-setter
Hong Kong Monetary Authority (HKMA) and the country’s banking sector commended on its AML and terrorist financing risks protocols by task force.
HKMA warns customers of online security after several reports of fraud
The Hong Kong Monetary Authority (HKMA) is warning consumers to be wary of suspicious small transactions, following rise in fraud.
HKMA gives four banks a digital banking licence
The Hong Kong Monetary Authority (HKMA) has granted four virtual banking licences under its Banking Ordinance.
HKMA fines JPMorgan Chase $1.5m for AML/CTF failures
The Hong Kong Monetary Authority has rebuked and fined JPMorgan Chase Bank, National Association, Hong Kong Branch for AML and CTF infringements.
Regulators join together to create global FinTech sandbox
Regulators from around the world, including the UK, US and Hong Kong, have formed a ‘global sandbox’.
