People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Implications of Fintech for the Regulation and Supervision of the Financial Sector
IMF Staff Country Reports, June 15, 2021
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- People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Implications of Fintech for the Regulation and Supervision of the Financial Sector
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Bibliographic details
- Published: June 15, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513573274.002
Overview and strategic positioning
- The Hong Kong Special Administrative Region (HKSAR) is among the world’s major fintech hubs, well positioned to develop fintech initiatives from its traditional strengths in financial services.
- Key factors enabling the HKSAR to emerge as a fintech hub include:
- its presence as an international financial center,
- its free-flowing talent and capital,
- a highly developed information and technology communication (ITC) infrastructure,
- and its most unique trait, a geographical and strategic advantage by proximity to the market in Mainland China.
Subject coverage and keywords
- Subject: Artificial intelligence, Blockchain and DLT, Economic sectors, Financial sector, Fintech, International organization, Monetary policy, Technology
- Keywords: Artificial intelligence, banking ordinance, banking Supervision department, Blockchain and DLT, Financial sector, Fintech, Global, Hong Kong exchange, People's republic of china-Hong kong special administrative region, People's Republic of China-Hong Kong Special Administrative Region FSAP
International Monetary Fund. Monetary and Capital Markets Department "People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Implications of Fintech for the Regulation and Supervision of the Financial Sector", IMF Staff Country Reports 2021, 116 (2021).
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- 1hkgea2021004