HKMA Maintains Current List of Domestic Systemically Important Banks
The Hong Kong Monetary Authority (HKMA) has upheld its 2023 list of Domestic Systemically Important Banks (D-SIBs), keeping the Higher Loss Absorbency requirements unchanged.
HKMA Releases December 2024 Quarterly Bulletin Highlighting Banking Sector Developments
The Hong Kong Monetary Authority has published its December 2024 Quarterly Bulletin, focusing on recent developments in the banking sector.
HKMA Warns Against Fraudulent Bank of Singapore Websites and Social Media Accounts
The Hong Kong Monetary Authority has issued a warning about fraudulent websites and social media accounts impersonating Bank of Singapore Limited, urging the public to exercise caution.
HKMA Reports Growth in Hong Kong Payment Card Usage for Q3 2024
The Hong Kong Monetary Authority reveals an increase in credit and debit card transactions for Q3 2024, highlighting a 3.9% rise in credit cards and a notable growth in transaction values.
HKMA Appoints Nelson Chow as Executive Director for Financial Infrastructure
The Hong Kong Monetary Authority has named Nelson Chow as Executive Director of Financial Infrastructure, succeeding Colin Pou. Chow will focus on fintech development and market stability.
HKMA and CBUAE Strengthen Financial Ties with New Cooperation Agreement
The Hong Kong Monetary Authority and the Central Bank of the UAE have signed an MOU to enhance financial cooperation, focusing on cross-border debt market connectivity.
HKMA Reports Decrease in Composite Interest Rate for November 2024
The Hong Kong Monetary Authority announced a 10 basis point decrease in the composite interest rate to 2.20% at the end of November 2024.
HKMA Launches GenA.I. Sandbox with First Cohort of Participants
The Hong Kong Monetary Authority (HKMA) unveils the first cohort of its GenA.I. Sandbox, selecting 15 innovative use cases from banks and tech partners to enhance risk management and customer service.
HKMA Issues Warning on Fraudulent Websites Linked to The Chugoku Bank
The Hong Kong Monetary Authority alerts the public about fraudulent websites and phishing messages targeting The Chugoku Bank customers. Users are warned against sharing sensitive information.
HKMA Issues Alert on Fraudulent Nanyang Commercial Bank Website
The Hong Kong Monetary Authority warns the public about a fraudulent website and internet banking login screen related to Nanyang Commercial Bank, urging caution against phishing activities.