HKMA proposes changes to guidelines for authorisation of virtual banks

The Hong Kong Monetary Authority has launched a one-month public consultation on amendments to the “Guideline on Authorization of Virtual Banks”.

The consultation proposes amended text to replace the Guideline originally issued by the HKMA in 2000. The deadline for submitting comments to the HKMA is 15 March 2018. 

Read our summary report on the HKMA's consultation and what you need to know.