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HKMA releases a position paper on e-HKD

Hong Kong - September 30 2022 As part of the Hong Kong Monetary Authority's ("HKMA") "Fintech 2025" strategy, announced in June 2021, the HKMA has started a project to study the…

Jennifer Lok

White House releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets

Hong Kong - September 30 2022 Following up on the Executive Order in March 2022, US President Joe Biden's White House has released a framework for the responsible development of…

Chris Wong

Supervisory Policy Manual (“SPM”) Module on “The Sharing and Use of Consumer Credit Data through Credit Reference Agencies”

Hong Kong - September 1 2022 The Hong Kong Monetary Authority ("HKMA") recently released a revised SPM module IC-6 "The Sharing and Use of Consumer Credit Data through Credit…

Ruby Hui

HKMA issues sound practices for payment operations

Hong Kong - September 1 2022 In response to an increasing number of payment-related operational incidents reported to the HKMA, the HKMA issued a circular on 28 July 2022 to…

Natalie Chan

Office of the Privacy Commissioner for Personal Data released guidance note on data security measures for information and communications technology

Hong Kong - September 1 2022 'In the light of the more extensive use of information and communications technology with the growth of hybrid working and hybrid learning, the…

Ruby Hui