Publications

Article 25 Jun 2020 4 minutes read

FPS: HKMA Driving Hong Kong To Smart Banking

To drive Hong Kong to a New Era of Smart Banking, both banks and Stored Value Facilities (SVF) operators can participate in the Faster Payment System, FPS, which supports the use of mobile phone numbers or email addresses for payments in HKD and RMB anytime and anywhere.

Article 25 Jun 2020 6 minutes read

Re-visiting the ECB's 3-year Long Term Refinancing Operations

Bank & trust

Article 25 Jun 2020 8 minutes read

Cyber Incident Response: How Strong is Your Incident Response Plan?

With the constant growth and complexity of cybersecurity attacks as well as the introduction of Internet of Things (IoT) developments, implementing appropriate cybersecurity measures has become imminent.

Article 25 Jun 2020 8 minutes read

EU-wide guarantees for bank depositors: European Deposit Insurance Scheme

Almost 10 years after the start of the financial crisis that resulted in bank runs and the failure of several European banks and left millions of Europeans with empty deposits, the European Union has found an EU-wide solution to tackle future financial shocks and to protect deposits of citizens.

Article 25 Jun 2020 3 minutes read

Do Banks have an AML Problem with IOLTA?

IOLTA provides Financial Institutions the means of assisting lawyers by pooling the accounts of their under-privileged clients to reduce their legal expenses.

Article 25 Jun 2020 3 minutes read

SMCR compliance for solo-regulated firms

The Senior Managers and Certification Regime (SMCR) rollout is continuing, with solo-regulated firms falling under its scope from 9 December 2019.