Tagged: hkma

Hong Kong and Abu Dhabi Business and Monetary Authorities Cooperating on Fintech and Distributed Ledger Technology

The Hong Kong Monetary Authority (HKMA) announced June 26th that it has signed a Fintech agreement with the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), “to enhance collaboration between the two authorities with a view to encouraging and enabling innovation in… Read More

China: WeiyangX Fintech Review

International Tuition Payment Platform Easy Transfer Receives Tens of Million Yuan in Series A Financing This week, Easy Transfer announced that it has won tens of millions yuan in Series A financing, which was led by Zhen Fund and followed by IDG Capital. It is… Read More

China: WeiyangX Fintech Review

WeChat Bans 1,000+ “Cash Loans” Mini Programs On February 6, WeChat released an official announcement about its ongoing move to clear up illegal mini programs (or mini apps) on its platform. According to the announcement, WeChat has permanently banned over 1000 “cash loans” mini programs… Read More

Dubai Financial Services Authority & Hong Kong Monetary Authority Sign Fintech Cooperation Agreement

The Hong Kong Monetary Authority (HKMA) and the Dubai Financial Services Authority (DFSA) have signed a Fintech Co-operation Agreement today to boost collaboration between the two regulatory authorities, with a view to facilitating financial innovation in the two jurisdictions. The Co-operation Agreement was signed by… Read More

The Hong Kong Monetary Authority Has Launched a Fintech Chatroom

The Hong Kong Monetary Authority (HKMA) has launched a “Fintech Supervisory Chatroom” designed to provide regulatory feedback to Fintech firms and authorized institutions. This is part of Hong Kong’s push to become the leading Fintech hub in Asia and part of their young Fintech Sandbox… Read More

Competing Fintech Hubs Singapore & Hong Kong Sign Cooperation Agreement

The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) have signed a cooperation agreement to strengthen Fintech ties between the two Asian financial centers. There was a signing ceremony organized by HKMA today in Hong Kong. As part of the Agreement,… Read More

Hong Kong Resurgence: Asian Financial Center Targets Fintech Dominance

A Discussion with Charles d’Haussy, Head of Fintech, InvestHK. Hong Kong has been a definitive leader in global finance and trade for many decades. Yet when it comes to Fintech, embracing financial innovation has been slower than some other centers of alternative finance. But recently Hong… Read More

Hong Kong Monetary Authority Looks to Boost Fintech Relationships with China

Norman Chan, Chief Executive of the Hong Kong Monetary Authority (HKMA), visited the Office of Financial Development Service, the People’s Government of Shenzhen Municipality (OFDS) last week to “keep abreast of the applications and latest developments of fintech in Shenzhen.” The meeting was also an… Read More

Hong Kong Monetary Authority Teams Up With ASTRI to Launch the Fintech Career Accelerator Scheme

The Hong Kong Monetary Authority (HKMA) recently announced it has teamed up with the Applied Science and Technology Research Institute (ASTRI) to launch the Fintech Career Accelerator Scheme (FCAS) to meet the growing needs of the fintech industry in Hong Kong. According to both of… Read More