Regulatory Alerts2022-09-26
Added · Updated
Pilot Scheme on Training Subsidy for Fintech Practitioners and Pilot Green and Sustainable Finance Capacity Building Support Scheme
The Hong Kong Monetary Authority, acting on behalf of the Financial Services and the Treasury Bureau, has launched the Pilot Scheme on Training Subsidy for Fintech Practitioners to reimburse authorized institutions for 80% of training costs up to HK$25,000 for staff attaining ECF-Fintech qualifications. This initiative aims to expand the fintech talent pool in Hong Kong by encouraging banking practitioners to acquire professional qualifications recognized under the Government’s Qualifications Framework. The regulator also announced the upcoming launch of the Pilot Green and Sustainable Finance Capacity Building Support Scheme in the fourth quarter of 2022 to further support capacity building in green and sustainable finance.
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