Under the MoU, the HKMA, the SDB, and the NTICB, will conduct research on digital technology such as the use of electronic bills of lading and promote it in areas such as cargo trade and finance.
The exorbitant cost of living and rent in Hong Kong are a bane for corporates and employees, says Gordon French, APAC head of global banking and markets for HSBC.
Hong Kong Monetary Authority is making cybersecurity defence a mandatory rule for banks to implement. But where’s the mandatory rule for firms? Maybe treasurers should establish one.
Regulatory roundup: China proposes cap on online payments; Taiwan banks allowed to issue foreign currency negotiable CDs; HKMA fines State Bank of India