Search Results for: Hong Kong Monetary Authority
Banque de France signs MoU with Hong Kong Monetary Authority on Renminbi business cooperation
December 1st, 2014
Mr. Christian Noyer, Governor of Banque de France, and Mr. Norman Chan, Chief Executive of the Hong Kong Monetary Authority, signed a Memorandum of Understanding today (28 October 2014) with respect to strengthening cooperation on renminbi business development in ...
Hong Kong unveiled first set of rules governing the cryptocurrency market
November 2nd, 2018
Hong Kong’s financial watchdog unveiled on Thursday a comprehensive set of regulations governing cryptocurrencies in a move to enhance investor protection which analysts believe could help make the city a major trading centre for virtual assets, analysts said. The ...
Gold’s Monetary Rehabilitation
June 4th, 2018
There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of ...
Hong Kong is looking to bring innovative technology in lending business
May 14th, 2018
The Hong Kong Monetary Authority (HKMA), the government authority in Hong Kong responsible for maintaining monetary and banking stability, released an announcement to inform that has issued guidelines to banks on Credit Risk Management for Personal Lending Business. The guidelines ...
Hong Kong and Australia seal agreement on fintech cooperation
June 13th, 2017
The Hong Kong Securities and Futures Commission (‘the SFC’) and ASIC today signed an Agreement on fintech cooperation which provides a framework for cooperation to support and understand financial innovation in each economy. This Cooperation Agreement builds on the ...
Hong Kong police struggle to stop brokerage hacking spree
February 16th, 2017
Hong Kong police are struggling to deal with digital pump-and-dump schemes targeting brokerages – a little-known type of computer-generated fraud that surged in the Chinese territory last year. Although the money involved was small – only about $20 million ...
Financial regulators of UK (FCA) and Hong Kong (HKMA) agree on FinTech collaboration
December 8th, 2016
The UK’s Financial Conduct Authority (FCA) and the Hong Kong Monetary Authority (HKMA) have entered into a Co-operation Agreement (Agreement) to foster collaboration between the two regulatory authorities in promoting financial innovation. According to the Agreement, the FCA and the ...
Nasdaq and Hong Kong exchange sharing information on blockchain technology
October 11th, 2016
The Nasdaq stock market is hoping to bring its blockchain technology to the Hong Kong Stock Exchange, according to its president and chief operating officer Adena Friedman. In the city on Thursday and Friday last week to meet with ...
HKMA embraces FinTech as it burnishes Hong Kong’s brand to compete as Asia’s financial hub
September 6th, 2016
The Hong Kong Monetary Authority has unveiled a series of policy initiatives for banks to embrace technology, and changed the city’s tax regime to attract corporate treasury departments, as it sharpens its edge to compete with Singapore and Tokyo ...
CME Group Granted Recognised Clearing House Status by the Monetary Authority of Singapore
May 27th, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that Chicago Mercantile Exchange Inc. has been formally granted the status of Recognised Clearing House (RCH) by the Monetary Authority of Singapore (MAS) with effect from 18 May 2016. With ...
