Regulatory Alerts2026-03-09
Added · Updated
Strategic Review of Business Models amid Digital Transformation
The Hong Kong Monetary Authority requires Authorized Institutions to proactively assess and adapt their long-term business models in response to accelerating digital transformation and emerging technologies. The circular mandates that Boards of Directors endorse a formal strategic business plan within six months to address opportunities in product offerings, revenue models, and risk management. Institutions are also expected to engage with the HKMA prior to launching new digital asset activities and may utilize the Supervisory Incubator for DLT to validate novel business models.