Category Archives: Popular News

Mortgage Insurance Programme

From 8 August 2024, HKMC Insurance Limited (HKMCI) will allow eligible homeowners to rent out [...]

PBOC and HKMA Sign MOU on Cross-Boundary Linkage of Payment Systems between the Mainland and Hong Kong

The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) have signed [...]

Practice Session for Severe Weather Trading

In reference to the circular dated 15 July 2024, concerning the implementation of Severe Weather [...]

HKCC Participant Additional Deposit

HKFE Clearing Corporation Limited (HKCC) has recalculated the HKCC Participant Additional Deposits (HPAD) in accordance [...]

Notification of Routine Recalculation of Rates and FX Guarantee Fund

OTC Clearing Hong Kong Limited has completed its routine recalculation of the Rates and FX [...]

HKMA’s Response to US Fed’s Interest Rate Decision

The Federal Reserve’s Federal Open Market Committee has decided to keep the federal funds rate [...]

Claim notice for the Fidelity Fund and Guarantee Scheme

Pursuant to Rule 910A of the Rules of the Exchange, claims for compensation against the [...]

Monetary Statistics for June 2024

The Hong Kong Monetary Authority reported that total deposits with authorized institutions remained stable in [...]

HKMA’s response on Nova Credit Limited’s cessation of operation and exit of Credit Data Smart

The Hong Kong Monetary Authority (HKMA) was notified by industry associations that Nova Credit Limited [...]

Insurance Authority to start charging fees for insurance intermediary licensing applications after the expiry of the five-year waiver period

The Insurance Authority (IA) announced that it will begin charging fees for insurance intermediary licensing [...]