Regulatory Alerts2021-12-03
Added · Updated
Enhanced Competency Framework on Fintech
The Hong Kong Monetary Authority issued this circular on December 3, 2021, to establish an enhanced competency framework for fintech among all authorized institutions. The document outlines specific requirements for capacity building and skill development to ensure staff possess adequate knowledge of financial technology. It serves as a regulatory guide to standardize competency levels across the sector and supports the broader tech baseline assessment initiatives.
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