Hong Kong Monetary Authority
AI agents dominate bank trials as governance demands expand
Carmen Chu, Executive Director for Banking Supervision at the Hong Kong Monetary Authority (HKMA), set out AI safeguards on October 16, 2026.
Focus
ART framework sets governance foundations for banking AI
Responsible AI adoption in banking is the focus of the Hong Kong Monetary Authority (HKMA)'s ART framework, announced on October 15, 2026.
Cross-boundary platform verifies data without transferring documents
Chongqing and Hong Kong authorities launched the Chongqing-Hong Kong Cross-boundary Data Validation Platform (CQ-HK DVP) on October 14, 2026.
Latest
Financial Leaders Programme opens 2027 applications
Applications for the Hong Kong Academy of Finance’s 2027 Financial Leaders Programme open on October 15, 2026, and close on December 4. The part-time programme targets senior financial executives approximately one to two levels below CEO.
Fraud losses exceed HK$5.2 billion in eight months
Hong Kong lost over HK$5.2 billion to fraud in January-August 2026, Arthur Yuen said on October 13. The Hong Kong Monetary Authority (HKMA) Deputy Chief Executive spoke at Standard Chartered Bank's Anti-Fraud Cinema opening and premiere.
Yue backs patient capital for China's innovation-led growth
Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue urged finance to support China's long-term innovation at the 16th Annual International Conference on the Chinese Economy in October 2026.
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Silver Bond fourth interest payment set at 4.00 percent
The annual interest rate for the fourth payment of the Silver Bond series due 2027 is set at 4.00 percent.
HKMA and Bank Negara Malaysia link payments and digital assets
Hong Kong and Malaysia will link payment systems and establish a joint stablecoin policy workstream following a bilateral central bank meeting on October 2. HKMA Chief Executive Eddie Yue and BNM Governor Datuk Abdul Rasheed Ghaffour led the discussions.
Hong Kong dollar eases toward 7.85 limit as rate gap widens
The Hong Kong dollar has softened to 7.8460-7.8475 against the US dollar, approaching its 7.8500 weak-side limit.
Project Cargox expands cross-border trade data network
Hong Kong Monetary Authority Deputy Chief Executive Howard Lee outlined plans to expand Project Cargox cross-border data sharing to Mainland China and ASEAN trade corridors.
Cargox data pilot unlocks HK$180 million in cross-border loans
Five banks approved HK$180 million in trade finance loans through Hong Kong's Cargox pilot, linking the Commercial Data Interchange with Shanghai.
Banks approve seven IP loans up to HK$39 million
Banks in Hong Kong have completed credit approvals for seven pilot cases under the Intellectual Property Financing Sandbox, with loan sizes ranging from HK$1 million to HK$39 million across four industry sectors.