Regulatory Alerts2023-02-15
Added · Updated
Leveraging Commercial Data Interchange for digitalisation of banking processes
The Hong Kong Monetary Authority issued this circular to promote the adoption of Commercial Data Interchange for the digitalisation of banking processes. It encourages all authorized institutions to participate in the initiative to enhance operational efficiency and data interoperability. The document references a previous call for participation and aligns with the broader roadmap to promote fintech adoption in the financial services sector.
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