International Cooperation

Below are some of the international cooperation on Fintech with Hong Kong:

HKMA and the BIS signed an operational agreement to set up a BIS Innovation Hub Centre in Hong Kong. The Hub will seek to identify and develop in-depth insights into critical technology trends affecting central banking, work to improve the functioning of the global financial system and serve as a focal point for a network of central bank experts on innovation.

HKMA and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) entered into a Memorandum of Understanding (MoU) to enhance collaboration between the two authorities in supporting Fintech innovation.

HKMA and the Bank of Thailand (BOT) entered into a Memorandum of Understanding (MoU) to foster collaboration between the two regulatory authorities in promoting financial innovation.

Collaboration on joint research projects, information exchange, mutual consultations and expertise sharing within the Fintech area.

To exchange views on emerging trends in Fintech, development and regulation of Fintech, as well as promotion of financial service innovation.

Hong Kong’s stock exchange is working with its Australian counterpart to share information on blockchain, as global exchanges accelerate plans to adopt the technology and cut costs.

Signed a memorandum of understanding to strengthen the ties between each other’s Fintech industries.

Authorities and private sector representatives from Hong Kong and Switzerland signed three Memorandums of Understanding (MoU) during the meeting.

Signed an agreement with to give a greenlight for technology and biotech firms to dual-list on both mainland and Hong Kong exchanges.

Cooperation agreement to establish a framework for the two regulators to help each other develop the Fintech industry.

The City of London became a partner of the Infrastructure Financing Facilitation Office of the HKMA to share its network of financial institutions. Hong Kong and London also agreed to further explore the digitisation of global trade finance, including the usage of Distributed Ledger Technology (DLT) developed by the HKMA.

Malaysia’s Securities Commission established Fintech bridges to facilitate greater information exchange on emerging trends and regulatory developments, along with referrals of innovative businesses seeking to operate in each other’s jurisdictions and the exploration of potential joint innovation projects.

Cooperation agreement to establish a framework for the two regulators to help each other develop the Fintech industry.

Fintech agreement under which the SFC and ASIC will cooperate to share information on emerging Fintech trends, developments and related regulatory issues, as well as on organisations which promote innovation in financial services. In addition, the agreement provides for a bilateral mechanism for referrals of innovative firms seeking to enter one another’s markets.

Fintech cooperation agreement signed between Hong Kong Insurance Authority and Gilbraltar’s Financial Services Commission.