Hong Kong Monetary Authority (HKMA)
HKMA's Lau on how to benefit from Islamic finance
Asian economies must cooperate more to reap the rewards of Islamic finance, Edmond Lau, the executive director responsible for monetary management at the Hong Kong Monetary Authority, said.
HKMA uncovers securitisation trends
The Hong Kong Monetary Authority's latest Quarterly Bulletin includes a discussion of the results of a survey, which offers perspectives on the future of securitisation.
HKMA's foreign assets fall HK$6.3 billion in May
The Hong Kong Monetary Authority has reported significant foreign asset losses for its Exchange Fund during May.
HKMA's Yue on Islamic finance
Greater efforts must be made to establish a level playing-field between the conduct of Islamic finance business and conventional activities, Eddie Yue, a deputy chief executive at the Hong Kong Monetary Authority, noted.
HKMA Annual Report 2007
The Hong Kong Monetary Authority's Exchange Fund achieved a record rate of return in 2007, the year's annual report reveals.
HKMA's Pang commends SMEs
Small- and medium-sized enterprises play a vital role in the economic growth of developing countries, Peter Pang, a deputy chief executive of the Hong Kong Monetary Authority, said.
Hong Kong banking industry stays in good health
The Hong Kong banking sector remains highly liquid, well capitalised and profitable said Y.K. Choi, a deputy chief executive of the Hong Kong Monetary Authority.
HKMA predicts impact of capital flow reversal
Improvements in external payment positions and financial strength have increased the resilience of Asian economies to a reversal of capital flows, research published by the Hong Kong Monetary Authority finds.
Dollar at all-time low against euro after Fed cut
The greenback reached a record low against the euro following the Federal Open Market Committee's decision to cut rates by 25 basis points. At its peak, the euro was worth 1.4504 against the dollar on Thursday.
Hong Kong and Malaysia look to reduce risk
The Hong Kong Monetary Authority and Bank Negara Malaysia looked to eliminate the settlement risk of US dollar bonds issued and traded in Malaysia with the launch of a payment link on Monday.
HKMA's Yam set for 2009 exit
Joseph Yam, the chief executive of the Hong Kong Monetary Authority, will step down in 2009 according to government sources.
HK market structure has little impact on profit
Cost efficiency is significantly more important than market structure in determining the profitability of banks in Hong Kong, according to research published by the Hong Kong Monetary Authority (HKMA).
Yam hails innovation but urges caution
"The forces generated by financial innovation need to be properly harnessed," Joseph Yam, the chief executive of the Hong Kong Monetary Authority said on Monday.
Ryback moves to Korean regulator
William Ryback, the former deputy chief executive of the Hong Kong Monetary Authority, is to join the Financial Supervisory Service (FSS), Korea's market regulator.
HKMA Quarterly Bulletin, March 2006
The Hong Kong Monetary Authority published the March 2006 issue of its Quarterly Bulletin on 15 March. The Bulletin includes the article 'Hong Kong's renminbi business two years on - reviewing renminbi business since its introduction in February 2004'.
'Keep it simple' says Hong Kong's Yam
In a speech at the Global Bond Summit in Hong Kong this week, Joseph Yam, Chief Executive of the Hong Kong Monetary Authority, identified "possible directions to be explored" by the Asian Bond Fund.
HKMA's Topping on improving the management of risk
In the speech 'Improving the management of risk through implementation of Basel II' given on 27 September Simon Topping of the HKMA said although preparations for the implementation of the new capital framework are well advanced in a large number of…
HKMA Quarterly Bulletin, September 2005
The Hong Kong Monetary Authority published the September 2005 issue of its Quarterly Bulletin on 14 September. This issue of the Quarterly Bulletin contains two feature articles, both of which relate to the capital adequacy level of banks in Hong Kong.
HKMA Quarterly Bulletin, June 2005
The Hong Kong Monetary Authority has published the June 2005 issue of its Quarterly Bulletin. This issue contains the regular Half-Yearly Monetary and Financial Stability Report, which analyses recent external and domestic influences on Hong Kong's…
Norman Chan to retire from HKMA
The Hong Kong Monetary Authority announced on Tuesday 12 April that Norman Chan, the Deputy Chief Executive responsible for reserves management and international affairs, will be departing from the HKMA some time in May.
HKMA Quarterly Bulletin, March 2005
The Hong Kong Monetary Authority has published the March 2005 issue of its Quarterly Bulletin. This issue includes a graphical framework for monitoring the property market in Hong Kong - concluding that the risk of a property bubble developing in Hong…
HKMA's Yam on the euro: A stabilising factor
In the speech 'The euro: a stabilising factor of the International Monetary System. Can the euro be a benchmark for Asian monetary co-operation?' given on 21, March Joseph Yam of the Hong Kong Monetary Authority said Asian central banks should not rush…
China yuan move should be 10% - ex-HKMA's Latter
China would need to revalue its currency by at least 10 % in order for such a move to be credible to the markets, according to Tony Latter, former deputy chief executive of the Hong Kong Monetary Authority.
When Hong Kong trounced the speculators
The HKMA beat back speculators in 1998, but did its own fuzzy rules encourage them? Charles Calomiris reviews a new book on this famous episode.