HKMA - Banking Stability Review

The Hong Kong Monetary Authority's (HKMA) Banking Stability Review has found the territory's banking system robust.

The review identified no fundamental deficiencies in the regulatory and supervisory framework and processes.

Joseph Yam, the chief executive of the HKMA, said: "We welcome the report, which is professional and comprehensive, and provides much food for thought. We will study the findings and recommendations carefully, in consultation with relevant parties, to see how they can be

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