News & Analysis as of

Hong Kong Monetary Authority (HKMA) Banking Sector

Latham & Watkins LLP

Hong Kong Consults on Proposed Regulations to Prudential Treatment of Cryptoasset Exposures

Latham & Watkins LLP on

Implementation of Basel Committee cryptoassets standard to provide additional clarity for banks looking to engage in cryptoassets business. On 7 February 2024, the Hong Kong Monetary Authority (HKMA) released a...more

Hogan Lovells

Hong Kong Monetary authority to regulate stablecoins

Hogan Lovells on

The Hong Kong Monetary Authority has issued a Discussion Paper on Crypto-assets and Stablecoins in January 2022.  The Discussion Paper includes guiding principles of a contemplated regulatory regime for payment-related...more

Hogan Lovells

Amendments to the HKAB code of banking practice

Hogan Lovells on

The Hong Kong Association of Banks and the DTC Association have published their revised Code of Banking Practice.  The amendments took effect on 10 December 2021 and require Hong Kong banks to take steps to revise terms and...more

A&O Shearman

Hong Kong’s proposed Mandatory Reference Checking Scheme: the end of “rolling bad apples”?

A&O Shearman on

The Hong Kong Monetary Authority (HKMA) released its consultation conclusions on the proposed Mandatory Reference Checking Scheme (MRC Scheme) on 3 May 2021. ...more

Latham & Watkins LLP

Key Regulatory Developments in Hong Kong and Singapore: July 2020

Latham & Watkins LLP on

Regulators are consulting on how to enhance trust business regulation, introduce new omnibus legislation, and encourage best practices in sustainable banking. This blog post summarises key regulatory developments in Hong...more

Latham & Watkins LLP

Key Regulatory Developments in Hong Kong and Singapore: May 2020

Latham & Watkins LLP on

Regulators seek to address “rolling bad apples”, bank culture reform, and cryptocurrency derivatives. This blog post summarises key regulatory developments that took place in Hong Kong and Singapore in May 2020, as...more

Dechert LLP

NEWSFLASH: COVID-19 Coronavirus – Liquidity Issues in Hong Kong

Dechert LLP on

In the midst of the current market volatility in Hong Kong, tumbling oil prices and recent U.S. stock market turbulence, one may say that the markets are in “stressed” conditions. As the impacts of the COVID-19 pandemic on...more

Latham & Watkins LLP

Hong Kong FinTech Week: Day 1 in Review

Latham & Watkins LLP on

SFC outlines new regulatory framework for virtual asset trading platforms, HKMA highlights recent FinTech initiatives, and PBOC discusses China’s forthcoming central bank digital currency. The fourth annual Hong Kong FinTech...more

Hogan Lovells

HKMA reboots virtual banking

Hogan Lovells on

On 6 February, 2018, the Hong Kong Monetary Authority (the “HKMA”) published draft revisions to its “Guideline on Authorization of Virtual Banks” (the “Draft Guideline”). ...more

Hogan Lovells

The Dawn of a New Era: The HKMA launches its Open API consultation

Hogan Lovells on

On 11 January, 2018, the Hong Kong Monetary Authority (the "HKMA") published its "Consultation Paper on Open API Framework for the Hong Kong Banking Sector" (the "Consultation Paper"). The Consultation Paper summarizes the...more

10 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide