Regulatory Alerts2023-08-25
Added · Updated
New Roadmap to Promote Fintech Adoption in Financial Services Sector
The Hong Kong Monetary Authority issued this circular on 25 August 2023 to provide a new roadmap for promoting fintech adoption within the financial services sector. The document targets all authorized institutions and focuses on advancing smart banking and supervisory technology (Suptech) capabilities. It serves as a strategic guide to enhance digital transformation and operational efficiency across the industry.
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