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HKMA taking “risk-based approach” to regulating online and offline investments

The Hong Kong Monetary Authority (HKMA) is taking a risk-based approach to regulating business activities both on and offline, according to the regulator’s chief fintech officer, Nelson Chow. “We will take a balanced approach [between market facilitation and customer protection] when the technology is still developing. It’s an art more than a science,” said Chow at the launch of Hong…

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