Regulatory Alerts2022-02-18
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Launch of Greater Bay Area Fintech Pilot Trial Facility
The Hong Kong Monetary Authority issued this circular on 18 February 2022 to announce the launch of the Greater Bay Area Fintech Pilot Trial Facility. This initiative establishes a supervised testing environment for fintech innovations within the Greater Bay Area region. The document serves as the official regulatory notice for Authorized Institutions regarding this new supervisory sandbox mechanism.
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