Regulatory Alerts2024-10-25
Added · Updated
Guideline on Authorization of Digital Banks
The Monetary Authority issued this guideline to establish the authorization framework for digital banks under the Banking Ordinance. It supersedes previous guidelines on virtual banks and outlines the specific requirements for applicants seeking authorization. The document serves as a key reference alongside the Guide to Authorization for all authorized institutions.
GLI
Current
Issue Date:
25 Oct 2024
20241108-2-EN.pdf (158.2 KB)
Topic:
Authorization - Guide to Authorization
Authorization - Digital Banking
Keyword:
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-SGL
Current
24 May 2002
TM-E-2 Regulation of advertising material for deposits issued over the internet
SPM-NGL
Current
28 Dec 2001
SA-2 Outsourcing
GLI
Archive
08 Jun 2018
Guideline on Authorization of Virtual Banks
GLI
Archive
21 Sep 2012
Guideline on Authorization of Virtual Banks
GLI
Archive
05 May 2000
Guideline on Authorization of Virtual Banks
Annex: Banking Ordinance Authorization of Virtual Banks A Guideline issued by the Monetary Authority under Section 16(10)
Directly related Document
SPM-SGL
Current
24 May 2002
TM-E-2 Regulation of advertising material for deposits issued over the internet
SPM-NGL
Current
28 Dec 2001
SA-2 Outsourcing
Version History
GLI
Archive
08 Jun 2018
Guideline on Authorization of Virtual Banks
GLI
Archive
21 Sep 2012
Guideline on Authorization of Virtual Banks
GLI
Archive
05 May 2000
Guideline on Authorization of Virtual Banks
Annex: Banking Ordinance Authorization of Virtual Banks A Guideline issued by the Monetary Authority under Section 16(10)
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