HKMA

Hong Kong Monetary Authority

Asia
🏛️
Jurisdiction
Hong Kong
📋
Regulations
1
Open Banking frameworks
🌍
Region
Asia
🔗
Type
NCA
National Competent Authority

About HKMA

The Hong Kong Monetary Authority (HKMA) is the primary financial regulatory authority in Hong Kong responsible for overseeing open banking and financial services. As a National Competent Authority (NCA), HKMA ensures that banks and third-party providers comply with open banking regulations, protecting consumers while fostering innovation in financial services.

Jurisdiction

Hong Kong
View Open Banking providers, banks, and TPPs in Hong Kong

Regulations Overseen

HKMA is responsible for enforcing and monitoring compliance with the following open banking and financial regulations:

Key Responsibilities

Licensing and authorizing Third-Party Providers (TPPs) including AISPs and PISPs
Ensuring banks provide secure API access to authorized third parties
Monitoring compliance with Strong Customer Authentication (SCA) requirements
Investigating complaints and enforcing consumer protection standards
Publishing guidance and technical standards for open banking implementation
Coordinating with other regulators on cross-border open banking matters

Official Resources

Related Regulators

Other open banking regulators in Asia:

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