Regulatory Alerts2025-02-18
Added · Updated
Refined Measures on Real-Time Fund Transfers Made by Customers
The Hong Kong Monetary Authority issued this circular on 18 February 2025 to update regulatory requirements for authorized institutions regarding real-time fund transfers. This document supersedes the 2021 Enhanced Measures, refining consumer protection standards to address evolving risks in digital payment systems. It mandates specific operational and security protocols for banks to safeguard customer assets and prevent fraud during instant transactions.
CIR
Current
Issue Date:
18 Feb 2025
20250220-1-EN.pdf (237.0 KB)
Topic:
Banking Conduct & Enforcement - Consumer Protection
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Archive
21 Dec 2021
Enhanced Measures on Real-Time Fund Transfers Made by Customers
Directly related Document
Cross referenced Document
Version History
CIR
Archive
21 Dec 2021
Enhanced Measures on Real-Time Fund Transfers Made by Customers
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