Tag "The Hong Kong Monetary Authority (HKMA)"

Year in Review: Hong Kong’s Top 5 Most Important Fintech Stories In 2022

Hong Kong’s emergence as a fintech hub is no secret as the city has long been at the forefront of adopting new technologies and developing innovative financial products and services.  In recent years, Hong Kong has seen a surge in fintech

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Hong Kong and Singapore Leads The Way in Green Fintech Development

Hong Kong and Singapore are leading the five economies in Asia-Pacific Economic Cooperation (APEC) in green fintech development, according to a joint paper by ESG and sustainability education firm, GoImpact, and the Chinese University of Hong Kong’s Business School (“CUHK

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Rise of The Neo-Banks: Hong Kong Issues New Guidelines for Virtual Banks

The Hong Kong Monetary Authority (HKMA) published today a revised Guideline on Authorization of Virtual Banks (the Guideline) following the completion of a public consultation. During the public consultation, the HKMA received submissions from a total of 25 respondents, including

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