In September, Norman Chan announced seven initiatives to help Hong Kong move towards a ‘new era of smart banking’ – including the greater use of virtual banks. Photo: EPA
In September, Norman Chan announced seven initiatives to help Hong Kong move towards a ‘new era of smart banking’ – including the greater use of virtual banks. Photo: EPA

Monetary authority issues guidelines for the launch of virtual banks in Hong Kong

Authority to receive feedback until March 15 and final regulations will be issued in May

In September, Norman Chan announced seven initiatives to help Hong Kong move towards a ‘new era of smart banking’ – including the greater use of virtual banks. Photo: EPA
In September, Norman Chan announced seven initiatives to help Hong Kong move towards a ‘new era of smart banking’ – including the greater use of virtual banks. Photo: EPA
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