The Hong Kong Monetary Authority (HKMA) is exploring the possibility of developing a know-your-customer (KYC) utility with the Hong Kong Association of Banks (HKAB), according to an update issued by the banking regulator. On 19 February, the HKMA will brief the Legislative Council (LegCo) Panel on Financial Affairs on various topics, including bank culture reform, investor protection, and developments in fintech….
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