June 2021
The key updates in the June edition include:
- HKMA announces “Fintech 2025” Strategy
- HKMA Circular on Tech Baseline Assessment as Part of ‘Fintech 2025’ Strategy
- HKMA Circulars on Revised Basel III Implementation Timeline, Revised Banking Returns and Disclosure Templates, and Implementation Guidance on Counterparty Credit Risk Capital Standard
- SFC Consultation Conclusions on Proposed Enhancements to the Competency Framework for Intermediaries and Individual Practitioners
- LIBOR Reform Updates
- Other Regulatory Updates
We have summarised the details of these key updates in this newsletter.