Central Banking

HKMA Yam on the future of the financial industry

Joseph Yam, chief executive of the Hong Kong Monetary Authority, has written a number of articles in his regular column the HKMA website on the technological revolution now in full flood. In this week's column, he imagines what life might be like for the financial industry in fifteen years time.

He had had a bad night. He had forgotten to switch off the new e-mail alert feature he had installed the day before in his ICD, or Implanted Communications Device, and he was too sleepy to get up to do