Hkma ai institution

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August undefined, 2024

WebHKMA and the overseas regulators responsible for the consolidated supervision of the parent bank / regulated holding company of the AI by means of which the relevant risks in a Type Two group are addressed. 3. HKMA’s responsibilities / roles in relation to groups 3.1 Regulators’ responsibilities vary widely. In some jurisdictions WebApr 3, 2024 · Public register of licensed persons and registered institutions. This register lists all licensees (ie, both licensed individuals and licensed corporations) and registered institutions. The information dates back to 1 April 2003, the commencement date of the Securities and Futures Ordinance. Please select: Search by name or CE number.

The Banking Regulation Review - The Law Reviews

WebAug 31, 2024 · In a report titled Artificial Intelligence in Banking: The Changing Landscape in Compliance and Supervision, the Hong Kong Institute for Monetary and Financial Research (HKIMR), the research arm of the Hong Kong Academy of Finance (AoF), shares findings from a HKMA study as part of a broader research project on the adoption of AI in banking. WebSep 12, 2002 · Executive officers of registered institutions. You will be aware from my letters of 5 July and 12 September 2002 that the Banking (Amendment) Ordinance 2002 (BAO 2002) requires every authorized institution (AI) registered with the Securities and Futures Commission (i.e. registered institution, or RI) to appoint executive officers … bram noble usask

Glossary of terms - Hong Kong dollar

WebDec 23, 2024 · The Hong Kong Monetary Authority (HKMA) today (23 December 2024) published a report titled “Reshaping Banking with Artificial Intelligence” as part of a series of publications on the study of the opportunities and challenges of applying AI technology in the banking industry. In 2024, the HKMA has commissioned a consulting firm to conduct … WebMay 25, 2024 · The Guide provides guidance to institutions seeking authorization under the Banking Ordinance about the scheme of supervision contained in the Ordinance and the policies and approach of the Hong Kong Monetary Authority in implementing it. It is also relevant to existing Authorized institutions as the authorization criteria continue to apply … WebHong Kong Association of Massachusetts (HKAMA) promotes and sponsors cross-border trad exchanges, business and investment in leading industries; access to distinctive art … sveltekit hooks

Register of AIs and LROs – Hong Kong Monetary Authority

Register of licensees & registered institutions Securities

WebApr 7, 2024 · For example, in 2024 the Hong Kong Monetary Authority published two sets of risk management guidelines for the use of big data and AI. 4 Among other things, these principles encourage financial institutions to maintain audit logs associated with the design of AI, provide avenues for consumers to request information about decisions made by AI ... WebThe Register of Securities Staff of AIs is a database of current and former relevant individuals, i.e. current and former staff of authorized institutions engaging in securities … sveltekit crud prismaWebApr 13, 2024 · Hong Kong Monetary Authority ... Search by name of Registered Institution (only show current relevant individuals) Search by name. Current Relevant Individuals. … bramo gorizia

"WebHKMA may refer to: Hong Kong Medical Association; Hong Kong Monetary Authority This page was last edited on 31 January 2024, at 11:49 (UTC). Text is available under the … " - Hkma ai institution

Hkma ai institution

Over 80% of Banks in Hong Kong Plans to Increase Investment in AI ...

WebJan 24, 2024 · The Hong Kong Monetary Authority (HKMA) has recently published the results of the pilot climate risk stress test (CRST) exercise for banks in Hong Kong, as well as the final version of the new module GS-1 in the Supervisory Policy Manual (SPM) on ‘Climate Risk Management’.The publications underline that, while banks may be making … WebAI . Authorized institution . BAO 2012 . BCBS . BCP . BCR . BDR . BDAR 2014 . BLR . Banking (Amendment) Ordinance 2 012 (Hong Kong) Basel Committee on Banking Supervision . ... (BO), the Hong Kong Monetary Authority (HKMA) 2. established the local rules for the LCR in 2014 by (i) issuing a new set of

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WebOct 31, 2024 · HKMA rules and regulations Entities regulated by the HKMA will be subject to various requirements on outsourcing, which include the following: Supervisory Policy Manual SA-2 entitled "Outsourcing" : This sets out the HKMA's supervisory approach to outsourcing and issues that an authorized institution (" AI ") should address when outsourcing its ... WebJul 22, 2024 · LFIR-1 “Resolution Planning – Liquidity and Funding in Resolution” is a chapter of the code of practice issued by the Monetary Authority (MA) under the Financial Institutions (Resolution) Ordinance (Cap. 628). The chapter sets out the MA’s expectations as to the capabilities and arrangements that an AI should have in place, in business ...

WebAI Authorised Institution AMS Automatic matching system ATM Automatic teller machine CB Clearing Bank ... November 2004, empowers the Hong Kong Monetary Authority (HKMA) to designate and oversee clearing and settlement systems that are material to the monetary or financial WebJul 23, 2024 · The Hong Kong Monetary Authority became a member in 2009. Print this section. Basic approach. ... In relation to an authorized institution (AI) incorporated in …

WebMay 11, 2024 · To become a registered institution, the institution in question must satisfy the SFC that it is a 'fit-and-proper' person. ... For a Hong Kong-incorporated AI, the HKMA may require the LCR, LMR, NSFR or CFR (as applicable) to be calculated on a consolidated basis instead of on an unconsolidated basis, or on both a consolidated and an ... WebApr 13, 2024 · Hong Kong Monetary Authority ... Search by name of Registered Institution (only show current relevant individuals) Search by name. Current Relevant Individuals. Current and Former Relevant Individuals. Surname. Forename(s) Enter …

WebApr 14, 2024 · The Hong Kong Monetary Authority (HKMA) is charged with the responsibility for maintaining the stability and integrity of the monetary and financial systems of Hong Kong. The HKMA currently embarks on a multi-year Digitalisation Programme that cuts across multiple functions, including banking and anti-money laundering supervision, …

WebDec 1, 2003 · The HKMA Information Centre will be temporarily closed to the public from 1:00 p.m. to 6:00 p.m. on 31 March 2024 (Friday). The last admission time that day would … sveltekit headless uiWebAug 26, 2024 · Registers. Register of AIs & LROs ( API Available ) Register of Securities Staff of AIs ( API Available ) Register of SVF Licensees ( API Available ) Last revision … sveltekit hooks exampleWebMay 25, 2024 · Share Publication. On 8 May 2024, the Hong Kong Monetary Authority (the HKMA) published a consultation paper on a proposed Mandatory Reference Checking Scheme (the MRC scheme) to be adopted by banks in Hong Kong regulated by the HKMA (ie Authorized Institutions (AIs)) with a view to addressing the 'rolling bad apples' … sveltekit github pageshttp://hkama.org/ bram oijnkWebAug 31, 2024 · August 31, 2024. Basel III. The Hong Kong Monetary Authority (HKMA) has set out guidance for authorized institutions on supervisory expectations with respect to the adoption of cloud computing. Given the increasing trend of the adoption of cloud computing and the risks it presents, HKMA considers it appropriate to set out its … sveltekit hooks.jsWebApr 12, 2024 · For disclosure statements of AIs that go beyond the last 3 years, you may visit the official website of the relevant AI or its parent bank or group company (as the … HKMA's Open Application Programming Interface (API) Regulatory Resources. ... bank of east asia building, 10 des voeux road central, hong kong. 34/f & 35/f, one international finance centre, 1 harbour view street, central, hong kong. unit 1301, level 13, it street, cyberport 3, 100 cyberport road, hong kong Name of Authorized Institution / Local Representative Office. UBS AG. Basic … Tai Yau Bank, Limited - Hong Kong Monetary Authority Bank of China International Limited - Hong Kong Monetary Authority China Construction Bank Corporation - Hong Kong Monetary Authority bram ojikWebAug 21, 2024 · The Hong Kong Institute for Monetary and Financial Research (HKIMR), the research segment of the Hong Kong Academy of Finance (AoF), has published a on AI and banking. Entitled “Artificial ... bramok jardim limoeiro