Hong Kong Monetary Authority (HKMA)

Earlier this week, the HKMA co-organised a networking event with Hong Kong Exchanges and Clearing Limited (HKEX) and Securities and Futures Commission (SFC), bringing together over 60 young talents from respective graduate programmes. The event kicked off with presentations by trainees on core functions and initiatives of each organisation, followed by engaging tours of the HKMA Information Centre and the HKEX Museum of Finance. The day concluded with an interactive networking session that fostered meaningful exchanges and new connections. The HKMA is committed to nurturing the next generation of financial leaders through meaningful development experiences. A huge thank you to our partners at HKEX and SFC, and to all the participants who made the day a resounding success. Stay connected with us to learn more about future talent events and career opportunities! #HKMA #TalentDevelopment #YoungTalents #EarlyCareers #Networking #Collaboration #FutureLeaders

The HKMA is excited to introduce five new members of our Project Cargoˣ Expert Panel: ·      Bank for International Settlements – BIS Innovation Hub Hong Kong Centre ·      Dah Sing Bank, Limited ·      DBS Bank (Hong Kong) Limited ·      ICBC (Asia) ·      Lloyd's List Intelligence The additions bring the total number of Expert Panel members to 24. This multi-year, public-private collaboration aims to enhance the digital trade finance ecosystem by harnessing the power of cargo and trade data both within and beyond Hong Kong. Stay tuned for a series of recommendations and a roadmap being formulated by the Expert Panel, which distil extensive research, industry engagement, and global best practices into action plans to shape the next era of Hong Kong's trade finance ecosystem.   Together, we are advancing Project Cargoˣ. Learn more: https://lnkd.in/gVVx_ezH #HKMA #CargoX #TradeFinance

The 4th ASEAN+3 Economic Cooperation and Financial Stability Forum (AMRO Forum) was successfully held today, marking the first time that Hong Kong has hosted this major event. The forum was co-organised by the ASEAN+3 Macroeconomic Research Office (AMRO), the Hong Kong Monetary Authority (HKMA), and the Bank for International Settlements – BIS. This year’s forum, themed “Fragmentation to Resilience: Macro-financial Stability and Regional Integration in ASEAN+3”, brought together policymakers, economic experts and industry leaders to discuss the region’s evolving macro-financial landscape. The event provided a valuable platform for exchanging ideas on how ASEAN+3 can further enhance macroeconomic and financial resilience and stability. At the forum, Eddie Yue, Chief Executive of the HKMA, delivered opening remarks, highlighting the importance of regional collaboration and integration in navigating uncertainties amid a challenging external environment. The forum featured insightful dialogues on risks and opportunities facing the region, and the path to achieving sustainable long-term prosperity. #AMRO #ASEAN #FinancialStability #AMROForum

The Hong Kong Institute for Monetary and Financial Research (HKIMR) has recently published a research report, “Long-term Investing in Hong Kong: Developments and Opportunities in a Digital Economy”, offering critical insights for fostering a comprehensive long-term investment ecosystem. Watch the video below to learn more about the research background and key takeaways. 📄 Read the full report: https://lnkd.in/gkzj6Qa9 #LongTermInvesting #DigitalEconomy #FinancialLiteracy #InvestmentEcosystem

The HKMA published a practical insights report on the GenA.I. Sandbox last month. The report summarises key findings from the inaugural cohort, highlighting GenA.I.’s significant potential to deliver value in banking, particularly in enhancing risk management, anti-fraud capabilities, and customer experience. Report: https://lnkd.in/gg2ED2a9 To turn insights into action, the HKMA is excited to announce the pilot launch of GenA.I. Sandbox Insights Chatbot developed in collaboration with Amazon Web Services (AWS). 🤖This tool gives practitioners an interactive way to explore practical findings from the GenA.I. Sandbox related to key challenges throughout the A.I. implementation lifecycle, from data preparation to model fine-tuning, output evaluation, and ongoing monitoring and optimisation. 🔍 Built with a knowledge-bounded approach, the chatbot explores the feasibility of minimising hallucinations and improving accuracy in practice. 👉 Experience it now: https://lnkd.in/g3HPG4Ar

Get ready for the second edition of the DFSA–HKMA Joint Climate Finance Conference! Themed “Transforming Tomorrow: Harnessing Green Finance for Sustainability”, the conference will take place on 26 November in Dubai.   Co-hosted by Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority, and supported by strategic partners DIFC, Nasdaq Dubai, and Hong Kong Exchanges and Clearing Limited (HKEX), this event demonstrates the shared commitment of Dubai and Hong Kong to shaping the future of sustainable finance through innovation and cross-border collaboration.   Check out the speaker lineup below: Fireside Chat: Igniting Climate Finance through Innovation • Darryl Chan, Deputy Chief Executive, HKMA • Mark Steward, Chief Executive, DFSA Panel 1: From Ambition to Action: Greening the Asia–Middle East Corridor • Luying Gan, CFA, Managing Director, Head of Sustainable Finance, Greater China and North Asia (GCNA), Standard Chartered • Hua Liu, General Manager, ICBC Dubai, DIFC Branch • Eric Salomons, Executive Vice President, Head of Product Development, Dubai Financial Market (DFM) and Nasdaq Dubai  • Cliff Zhang, CEO and Founding Partner, Templewater • Moderated by Paul Chow, Group General Counsel and Group Chief Sustainability Officer, HKEX Panel 2: Financing the Climate Energy Transition: Key Insights from the DFSA–HKMA Joint Report • Vijay Bains, Chief Sustainability Officer and Group Head of ESG, Emirates NBD • Michael Fitzgerald, Finance Director, MTR Corporation Limited • Carlin Naidoo, Group VP, Sustainability, DP World • Moderated by Jameson McLennan, Sustainable Finance Researcher, BloombergNEF Panel 3: Tokenisation: New Technologies Driving Global Transition • Ussrah Hussain, CA, CPA, Director, Digital, Data & Innovation, MSS MENA, HSBC • Georgina Lok, Head (Market Development), HKMA • Francois Tilly ✔, Global Head of Official Institutions, Euroclear • Moderated by Steve Gotz, Head of Business, DIFC Innovation Hub   Keen to learn more about the DFSA-HKMA joint research report, “Scaling Sustainable Debt in Emerging Markets”? Read the full report here: https://lnkd.in/gCGTiAAx.   Stay tuned for more insights from our knowledge partner BloombergNEF and the case study contributors at our conference. For more details about the event, please visit https://lnkd.in/db7scS4j.   #ClimateFinance #SustainableFinance #EmergingMarkets #HKMA #DFSA #Asia #MiddleEast #Sustainability #Transition #Climate #AsiaMiddleEastCorridor

Supported by the HKMA and hosted by the Hong Kong Financial Services Business Continuity Management Forum (#HKFSBCM), with delivery by Control Risks, the Whole Industry Simulation Exercise (WISE) 2025 was successfully held on 14 November. This follows the Kick-off Workshop held at the HKMA’s office in August, and extensive preparatory work undertaken by all parties concerned. Over 40 financial institutions, along with four financial regulators (HKMA, Securities and Futures Commission (SFC), Insurance Authority and Mandatory Provident Fund Schemes Authority (MPFA)) participated in the exercise. Financial institutions took the opportunity to simulate and test their ability to respond to and recover from disruptions caused by an extreme weather event, while supervisors from the HKMA also interacted with participating banks to allow more realistic simulation of our supervisory engagement during crisis events. Guiding the banking sector to achieve operational resilience by May 2026 remains top supervisory priority of the HKMA. Building on the experience gained from WISE, as well as its ongoing supervisory engagement with banks, the HKMA will continue to provide targeted and timely guidance to the industry, as well as facilitate more opportunities for collaboration and sharing of good operational resilience practices. A full report setting out the key takeaways from WISE will be issued by HKFSBCM in 2026. #WISE #Resilience

Supported by the HKMA, the Hong Kong Academy of Finance (AoF)’s 2026 Financial Leaders Programme (FLP) is now open for application. Over the years, the programme has received strong endorsement from industry stakeholders and continues to empower high-potential financial leaders with the strategic acumen needed to navigate dynamic financial landscape. 👉 Watch the video below to hear from our 2025 cohort members and discover how the FLP has shaped their leadership journey. Applications are open from now to 14 December 2025. Programme details: https://www.aof.org.hk/flp #FLP2026 #LeadershipDevelopment #FinancialTalents #FinanceLeader #NextGenLeaders #StrategicLeadership

During Hong Kong FinTech Week 2025, the HKMA and the Bank for International Settlements – BIS Innovation Hub (BISIH) Hong Kong Centre, co-hosted the Ensemble Roundtable. Over 100 participants from central banks, finance, technology, regulators, industry associations, and international organisations gathered to 𝘁𝗮𝗰𝗸𝗹𝗲 𝗰𝗼𝗿𝗲 𝗶𝘀𝘀𝘂𝗲𝘀 𝗮𝘁 𝘁𝗵𝗲 𝗵𝗲𝗮𝗿𝘁 𝗼𝗳 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻, and explore 𝗽𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘁𝗵𝗲 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 𝗶𝗻 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 𝗮𝗻𝗱 𝗯𝗲𝘆𝗼𝗻𝗱. The Roundtable featured three interactive sessions: 🏦 𝗙𝘂𝘁𝘂𝗿𝗲-𝗽𝗿𝗼𝗼𝗳𝗶𝗻𝗴 𝘁𝗵𝗲 𝘁𝘄𝗼-𝘁𝗶𝗲𝗿 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 𝘀𝘆𝘀𝘁𝗲𝗺 – examining tokenised deposits and tokenised central bank money to drive innovation in digital finance. (Moderated by Benedicte Nolens, Head of the BISIH Hong Kong Centre) 🔗 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝘀𝘀𝗲𝘁𝘀 𝗮𝗻𝗱 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗺𝗼𝗻𝗲𝘆 𝗶𝗻𝘁𝗲𝗿𝗼𝗽𝗲𝗿𝗮𝗯𝗶𝗹𝗶𝘁𝘆 – discussing unified ledgers, hybrid models, and other approaches to enable seamless movement of money and assets in the tokenisation ecosystem. (Moderated by George Chou, Chief Fintech Officer, HKMA) 🚀 𝗦𝗰𝗮𝗹𝗶𝗻𝗴 𝘁𝗵𝗲 𝗲𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺 – moving beyond experiments towards real-world adoption and impactful tokenisation use cases. (Moderated by Elizabeth Wong, Director and Head of Fintech Unit, Intermediaries, Securities and Futures Commission (SFC)) Key takeaways included the need to: ✅ Build technical and operational interoperability between emerging and existing infrastructures; ✅ Develop robust legal, regulatory, and policy frameworks; ✅ Strengthen collaboration between public and private sectors; ✅ Focus on use-cases that deliver tangible value to businesses and consumers. Insights from this Roundtable will continue guiding Project Ensemble and speak to our commitment to “𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗶𝗻𝗴 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿, 𝘁𝗼𝗱𝗮𝘆 𝗮𝗻𝗱 𝘁𝗼𝗺𝗼𝗿𝗿𝗼𝘄.” #HKFTW2025 #ProjectEnsemble #Fintech #Tokenisation #EnsembleRoundtable #TokenisingTogetherTodayAndTomorrow

Our latest video in the “Fintech Transformations” series explores how distributed ledger technology (DLT) is ushering in a new paradigm for managing and sharing financial information. The decentralised nature of DLT enables greater operational transparency, immutability, resiliency, and programmability in use cases across financial services. New applications, ranging from tokenisation and instant on-chain lending to smart contracts and KYT solutions, are paving the way for a more innovative financial ecosystem. While the transformative technology opens new doors, it also introduces novel risks that must be carefully managed. Tune in to learn more from KPMG China’s Barnaby Robson who shares detailed insights about the growth of DLT and its future outlook in Hong Kong, complete with two inspiring collaboration stories. Annie Chen from China Construction Bank (Asia), ALEX Chan from FORMS HK, and Yvonne Che from JETCO unpack the first partnership. Their discussion covers the ins and outs of building a tokenisation platform to enable burning and minting of tokenised deposits, that facilitates payment-versus-payment (PvP) for cross-bank fund transfer and delivery-versus-payment (DvP) for instant payment settlement. Napoleon Lam from ABT Tech Limited, and Will Wong from Trade Rise Limited highlight the second partnership, showcasing the unique features of a KYT-integrated digital wallet solution. Watch the video to learn more on DLT: https://lnkd.in/gmJbGgmB