HKMA to establish Credit Reference Agency

The Hong Kong Monetary Authority announces plan for establishment of Commercial Credit Reference Agency in Hong Kong, 16 June.

The Hong Kong Monetary Authority (HKMA), the Hong Kong Association of Banks (HKAB) and the Deposit Taking Companies Association (DTCA) announced today (Monday) the plan for the establishment of a commercial credit reference agency (CCRA) in Hong Kong.

The CCRA will collect credit data of small and medium-sized enterprises (SMEs) and make this information available to au

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