HKMA

Hong Kong Monetary Authority

HKMA is Hong Kong's central banking authority and financial regulator. It maintains currency stability and supervises the banking sector.

HKMA operates Hong Kong's HKD currency board system and supports payment infrastructure. It also issues guidelines on banking safety and soundness. Official site: HKMA.

Related Terms

HKD

Hong Kong Dollar

HKD is the official currency of Hong Kong. It's pegged to the US dollar within a narrow band, provid...

APAC

Asia-Pacific

APAC is a regional designation referring to the Asia-Pacific region, commonly used in business and b...

SWIFT

Society for Worldwide Interbank Financial Telecommunication

SWIFT is a global messaging network that financial institutions use to securely transmit information...

Cross-Border Payment

A cross-border payment is a transfer where the payer and payee are in different countries or currenc...

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