The Hong Kong Monetary Authority (HKMA) has made it incumbent on banks to conduct a mandatory name-matching process on customers for real-time fund transfers, the latest step by the city’s ...
As part of this effort, the Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA) are aligning the Hong Kong regime with other jurisdictions. In March 2024, they ...
Amid high interest rates, Hongkongers should be careful about taking out loans and servicing mortgages, Yue said, adding that the HKMA would monitor the bad-loan situation.
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