Regulatory Alerts2025-08-18
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Capacity Building for Future Banking 2026-2030
The Hong Kong Monetary Authority, The Hong Kong Association of Banks, and The Hong Kong Institute of Bankers issued this joint paper to identify emerging skill gaps and establish a talent development roadmap for the banking industry from 2026 to 2030. The study highlights critical shortages in specialist technical skills for AI and cybersecurity, human-centric soft skills for human-machine collaboration, and banking knowledge regarding sustainable finance risk management and emerging markets. To address these gaps, the document recommends an A.S.C.E.N.D. action plan that advocates for local professional qualifications, synergizes reskilling efforts, and fosters a culture of continuous learning through industry-wide collaboration.
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