Increase in Licence Fees under the Banking Ordinance

55th Floor, Two International Finance Centre, 香 港 中 環 金 融 街 8 號 國 際 金 融 中 心 2 期 55 樓 8 Finance Street, Central, Hong Kong 網 址：www.hkma.gov.hk Website: www.hkma.gov.hk Our ref : B1/2S 10 July 2026 The Chief Executive All Authorized Institutions The Chief Representative All Local Representative Offices The Chief Executive All Approved Money Brokers Dear Sir / Madam, Licence Fees I am writing to draw your attention that the resolution introduced by the Government to amend the Second Schedule to the Banking Ordinance (Cap.
155) (the “Ordinance”) to increase part of the fees payable under sections
19(1) to (2), 20(5), 45(1) to (3), 48(1) to (4), 51(1) to (2) and 118F(1) to (2) of the Ordinance was passed by the Legislative Council under section 135(2) of the Ordinance on 8 July 2026. The above-mentioned resolution has been published in the Gazette today (10 July 2026) and the amended Second Schedule (Annex) will become effective on the same date.

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  If you have any questions on this circular, please contact Ms Shirley Ho on 2878-1847 or Mr Ian Au on 2878-1290. Yours faithfully, Kenneth Hui Executive Director (Banking Conduct) Encl. c.c. Secretary for Financial Services and the Treasury (Attn:Mr Timothy Wong)

Annex - Amended Second Schedule to the Banking Ordinance

Amended Second Schedule to the Banking Ordinance Fee items Fee ($)

1. Banking licence fee 750,000
   1A. Renewal of banking licence fee 750,000
2. Registration fee 180,000
3. Renewal of registration fee 180,000
4. Restricted banking licence fee 600,000
5. Renewal of restricted banking licence fee 600,000
6. Inspection fee 14
7. Fee for a copy or extract, per page 7
8. Fee for the establishment of a local branch of a bank, other than a
   restricted licence bank 36,000
9. Annual fee for maintaining a local branch of a bank, other than a
   restricted licence bank 36,000
10. Fee for the establishment of a local branch of a restricted licence bank
    or deposit-taking company 20,000
11. Annual fee for maintaining a local branch of a restricted licence bank
    or deposit-taking company 20,000
12. Fee for the establishment of a local representative office 36,000
13. Annual fee for maintaining a local representative office 36,000
14. Fee for the establishment of an overseas branch of a bank, other than a
    restricted licence bank 60,000
15. Annual fee for maintaining an overseas branch of a bank, other than a
    restricted licence bank 60,000
16. Fee for the establishment of an overseas branch of a restricted licence
    bank or deposit-taking company 40,000
17. Annual fee for maintaining an overseas branch of a restricted licence
    bank or deposit-taking company 40,000
18. Fee for the establishment of an overseas representative office of a
    bank, other than a restricted licence bank 18,000
19. Annual fee for maintaining an overseas representative office of a
    bank, other than a restricted licence bank 18,000
20. Fee for the establishment of an overseas representative office of a
    restricted licence bank or deposit-taking company 20,000
21. Annual fee for maintaining an overseas representative office of a
    restricted licence bank or deposit-taking company 20,000
22. Approved money broker fee 68,000
23. Renewal of approved money broker fee 68,000
    Annex