Hong Kong Monetary Authority
1 storyIn its role as a Hong Kong prudential financial regulator, Hong Kong Monetary Authority is responsible for financial market oversight. Operational questions for Hong Kong Monetary Authority also include operational resilience oversight, custody and safeguarding rules, regulatory reporting requirements, and financial institution licensing. For custody and safeguarding rules, follow decisions formally issued by Hong Kong Monetary Authority; coordination or implementation around regulatory reporting requirements may also be relevant. For Hong Kong Monetary Authority, court judgments and legislation involving custody and safeguarding rules stay separate. Attribute enforcement of regulatory reporting requirements to Hong Kong Monetary Authority only when the authority acts.
Hong Kong Banks Lag on Quantum Security as Crypto Risks Mount
A new index from the Hong Kong Monetary Authority finds banks in the city are far from ready for quantum computing threats, raising concerns for tokenized assets and digital finance infrastructure