Hong Kong’s Central Bank is Now Working with France to Cultivate Fintech Innovation

The Hong Kong Monetary Authority (HKMA) and Autorité de Contrôle Prudentiel et de Résolution (ACPR), France’s central bank, entered into a Memorandum of Understanding (MoU) on 5 July 2019 to help each other grow their fintech. Under the MoU, the HKMA