The HKMA will scrutinise the IT platform of the virtual bank applicants, the viability of their business plans and their financial background. Photo: SCMP
Virtual banks close to reality as Hong Kong issues guidelines with 50 companies showing interest
Hong Kong’s de facto central bank and banking regulator sets August 31 as the deadline for receiving the first batch of applications
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The HKMA will scrutinise the IT platform of the virtual bank applicants, the viability of their business plans and their financial background. Photo: SCMP
