Hong Kong Monetary Authority

E59013

The Hong Kong Monetary Authority is the de facto central bank of Hong Kong, responsible for maintaining monetary and banking stability and managing the territory’s currency and reserves.

Aliases (2)

Statements (48)
Predicate Object
instanceOf central bank
government agency
abbreviation HKMA
coordinatesWith Bank for International Settlements
country Hong Kong
currency Hong Kong dollar
established 1993
formedByMergerOf Office of the Commissioner of Banking
Office of the Exchange Fund
governorTitle Chief Executive of the Hong Kong Monetary Authority
hasLeader Chief Executive of the Hong Kong Monetary Authority
headquartersLocation Hong Kong
International Finance Centre
implements Linked Exchange Rate System
issues monetary policy guidelines for Hong Kong
jurisdiction Hong Kong Special Administrative Region
language Chinese
English
legalBasis Banking Ordinance
Exchange Fund Ordinance
maintains banking system stability in Hong Kong
currency stability in Hong Kong
manages Exchange Fund
memberOf Bank for International Settlements
oversees authorized institutions in Hong Kong
currency board arrangements in Hong Kong
deposit-taking companies in Hong Kong
licensed banks in Hong Kong
restricted licence banks in Hong Kong
parentOrganization Government of the Hong Kong Special Administrative Region
participatesIn international central banking forums
regionServed Hong Kong
regulates banking conduct in Hong Kong
reportsTo Financial Secretary of Hong Kong
responsibleFor banking stability in Hong Kong
development of Hong Kong as an international financial centre
maintaining the Linked Exchange Rate System
managing Hong Kong’s official reserves
monetary stability in Hong Kong
oversight of payment systems in Hong Kong
regulation of the banking sector in Hong Kong
role de facto central bank of Hong Kong
sector financial regulation
monetary authority
shortName HKMA
supervises banking system in Hong Kong
typeOfBankingRegulator prudential regulator
website https://www.hkma.gov.hk


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