Regulatory Alerts2025-01-17
Added · Updated
HKMA Supervisory Manual on Money Brokers
The Hong Kong Monetary Authority issued this manual to establish the latest supervisory policies and minimum standards for authorized institutions and approved money brokers. It defines the requirements necessary to satisfy the Banking Ordinance and outlines best practices that these entities must attain. The document serves as a comprehensive guide for regulatory compliance and is intended to be read alongside the accompanying introduction and glossary.
SPM
Current
This Manual sets out the HKMA’s latest supervisory policies and practices, the minimum standards authorized institutions (“AIs”) / approved money brokers (“AMBs”) are expected to attain in order to satisfy the requirements of the Banking Ordinance and recommendations on best practices that AIs/AMBs should aim to achieve. The table of contents of the Manual below should be read in conjunction with the Introduction (PDF File, 95KB) and with the Glossary (PDF File, 225KB), which contains an explanation of abbreviations and other terms used in this Manual.
Issue Date:
17 Jan 2025
IN.pdf (181.6 KB)
Topic:
Authorization - Money Brokers
Miscellaneous - Others
Supervisory Approach
Keyword:
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
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