With the introduction of the resolution facility, there are four ways now through which banks can get funds from the HKMA. Photo: Sam Tsang
Hong Kong Monetary Authority moves to steady ship amid protests, US-China trade war, introduces new funding facility for city’s banks
- New resolution facility to help banks in difficulty taken over by HKMA
- Updated framework will help Hong Kong fulfil a FSB requirement
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Hong Kong Monetary Authority (HKMA)
With the introduction of the resolution facility, there are four ways now through which banks can get funds from the HKMA. Photo: Sam Tsang