In terms of fund distribution, banks in Hong Kong have misinterpreted some of the HKMA’s directives, adding unnecessary compliance work, according to deputy CEO Arthur Yuen.
Tag: HKMA
Arch rivals HK and SG sign fintech agreement
After years of competing in the fintech space, Hong Kong and Singapore have finally signed a fintech cooperation agreement, according to separate statements from the Hong Kong Monetary Authority (HKMA) and Monetary Authority of Singapore (MAS).
Hong Kong inks fintech pact with UK
The Hong Kong Monetary Authority (HKMA) has signed a cooperation agreement with the UK regulator to promote fintech innovation.
