The Hong Kong Monetary Authority (HKMA) has requested that licensed banks in Hong Kong participate in its so-called Tech Baseline Assessment — a component of HKMA’s “Fintech 2025” strategy unveiled earlier this month — in order to facilitate the adoption of fintech in the industry. The Tech Baseline Assessment is designed to help the regulator identify those fintech areas or…
HKMA asks banks to provide fintech plans
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