Virtual Banking

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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Hong Kong Reveals Guideline on Authorization of Virtual Banks

The Hong Kong Monetary Authority (HKMA) published today a revised Guideline on Authorization of Virtual Banks for public consultation. As part of the package of initiatives announced in September 2017 to bring Hong Kong into a New Era of Smart

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A New Era of Smart Banking in Hong Kong

The Hong Kong Monetary Authority (HKMA) unveiled a number of initiatives that prepare Hong Kong to move into a New Era of Smart Banking. In a keynote speech delivered during the Annual Banking Conference of the Hong Kong Institute of

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