Former HKMA chief Norman Chan sets up fintech firm

Norman Chan at HKMA
Former HKMA chief executive Norman Chan

Norman Chan, the former chief executive of the Hong Kong Monetary Authority, has set up his own payment services company with backing from several Chinese firms.

According to a report in the South China Morning Post, Chan’s firm Round Dollar Wallet Technologies will offer digital payment services to facilitate cross-border payments. His company is backed by Chinese firms. Chan is at least the third senior economic policy-maker from Hong Kong to move into the private fintech sector recently.

It

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.