The IMF recommended the removal or clarification of a clause that gives the chief executive power over the HKMA. Photo: Sam Tsang
The IMF recommended the removal or clarification of a clause that gives the chief executive power over the HKMA. Photo: Sam Tsang

Hong Kong Monetary Authority's lack of independence queried in IMF study

Fund assessment notes the chief executive's powers to control monetary authority, amid growing concerns over exposure to mainland borrowers

The IMF recommended the removal or clarification of a clause that gives the chief executive power over the HKMA. Photo: Sam Tsang
The IMF recommended the removal or clarification of a clause that gives the chief executive power over the HKMA. Photo: Sam Tsang
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