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April Regulatory Round-up: HKMA, MAS pursue international standards

The Hong Kong Monetary Authority’s chief executive, Norman Chan, took the opportunity to summarise the regulator’s efforts to uphold the standards of the financial industry in HKMA’s latest annual report, published late last month. “As the saying goes, ‘prevention is better than cure,’” Chan wrote.  “In 2017, we established the Resolution Office to implement international standards on the resolution of…

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