The Hong Kong Monetary Authority (HKMA) today (13 November) announced the launch of Ensemble TX , marking the commencement of the pilot phase of Project Ensemble.  This milestone represents a significant advancement in enabling real-value transactions involving tokenised deposits and digital assets within a controlled pilot environment. Ensemble TX builds upon the successful outcomes of the Ensemble Sandbox experimentation, which since August 2024 has allowed industry pionee

The Hong Kong Monetary Authority (HKMA) announced today (12 November) that Hong Kong Exchanges and Clearing Limited (HKEX) will become a strategic shareholder of CMU OmniClear Holdings Limited (CMU OmniClear Holdings), strengthening Hong Kong’s capital markets financial infrastructure and advancing the long-term development of Hong Kong’s fixed income and currencies (FIC) ecosystem. In October 2025, the Exchange Fund managed by the HKMA established CMU OmniClear Holdings with

The Hong Kong Monetary Authority (HKMA) today (3 November) unveiled “Fintech 2030”, a forward-looking strategy for driving Hong Kong’s fintech development, at the Hong Kong FinTech Week 2025. Marking the tenth anniversary of Hong Kong’s flagship fintech event, the Hong Kong FinTech Week 2025, co-organised by the HKMA and InvestHK, represented a significant milestone for Hong Kong’s fintech development. The event showcased transformative innovation and charted the direction fo

The Hong Kong Monetary Authority (HKMA) today (28 October) published the “e-HKD Pilot Programme Phase 2 Report” (the report), which presents the key findings and learnings from 11 groups of industry pilots under Phase 2 of the e-HKD Pilot Programme (Phase 2).  The report also sets out the HKMA’s latest policy stance regarding the e-HKD. Since 2017, the HKMA has begun explorative work on a central bank digital currency (CBDC), i.e. an e-HKD, using distributed ledger technology

The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Cyberport Management Company Limited (Cyberport), announced today (15 October) the second cohort of the Generative Artificial Intelligence (GenA.I.) Sandbox. Building on the foundation of the first cohort, this coming cohort demonstrates a significant industry shift from experimenting with A.I.'s capability to enabling its secure and reliable implementation. From over 60 proposals, a total of 27 use

The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Science and Technology Parks Corporation (HKSTP), announced...

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) jointly announced Hong Kong’s Roadmap for the...

The Hong Kong Monetary Authority announced today (29 August) that the Monetary Authority has granted a restricted banking licence to ABN...

The Securities and Futures Commission (SFC) has reprimanded and fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) HK$4.2...

The Hong Kong Fixed Income and Currency (FIC) Forum 2025, jointly organised by the Securities and Futures Commission (SFC) and the Hong...