Webthe SFC and HKMA have or are about to introduce new operational resilience requirements. The HKMA is also concerned about the ability of banks to restore critical data in the event of critical cyber attacks and the HKMA and SFC both remain concerned about cybersecurity in a more digitized environment with an evolving cyber risk profile. WebSince they do not have any physical branches, their banking service is mainly offered through electronic channels such as mobile apps and online platforms. Same as traditional banks, virtual banks must follow a set of supervisory regulations laid down by Hong Kong Monetary Authority (HKMA), with some requirements that are specific to their technical …
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Web14 apr 2024 · The HKMA currently embarks on a multi-year Digitalisation Programme that cuts across multiple functions, including banking and anti-money laundering supervision, … Web18 mag 2024 · May 18, 2024. HKMA issued a circular requesting all authorized institutions to critically assess the need for setting up a secure tertiary data backup (STDB) to counter the risk of destructive cyber-attacks. All retail banks and foreign bank branches with significant operations in Hong Kong are expected to submit a report containing the result ... fastest footballers in the world
HKMA Reporting Regulation LSEG
Web3 mag 2024 · In this post, we will discuss how Google Cloud can be used as a backup storage solution to support the objectives of the Secure Tertiary Data Backup (STDB) guideline developed by the Hong Kong... WebHKMA launched a pilot climate risk stress test (CRST) exercise in January 2024 to assess the potential impact of climate change on the Hong Kong banking sector. Below is a summary of the results HKMA published on 30 December 2024: 4 27 banks covering 80% of HK total lending Twenty-seven banks, including 20 major retail banks and seven … WebReliable Data, Smarter Analysis, & Precise Planning Vpon Big Data french authors fiction