John Greenwood, architect of Hong Kong’s currency system, reaffirmed there are no plans to alter the Hong Kong dollar’s US dollar peg, citing its stability and the enduring dominance of the greenback despite recent volatility and global shifts.
Hong Kong’s ‘low-rate honeymoon’ ends as HKMA’s dollar-peg defence raises Hibor
A “low-rate honeymoon” for Hong Kong borrowers has come to an end with an increase in the interest…
#NewsBeep #News #Headlines #BankofEastAsia #DBSBank #EricTsoTak-ming #Hibor #HKMA #HongKong #HongKongdollar #HongKongMonetaryAuthority #JasperLo #Latvia #LV #mReferral #RyanLamChun-wang #SamuelTse #ShanghaiCommercialBank #USDollar #USFederalReserve
https://www.newsbeep.com/81484/
香港金融管理局(金管局)近日接獲多間銀行報告,指出出現針對其客戶的欺詐網站及網上銀行登入畫面,提醒市民提高警覺,避免受騙。受影響的 4 間銀行包括中國工商銀行(亞洲)有限公司、中信銀行(國際)有限公司、中國建設銀行(亞洲)股份有限公司及上海商業銀行有限公司。這些銀行已向金管局報告相關事件,並發佈新聞稿提醒客戶。有關新聞稿的連結已上載至金管局網站。金管局強調,銀行不會透過短訊或電郵的超連結,引導客戶進行交易,亦不會以電話、電郵或手機短訊(包括含有超連結的訊息)要求客戶提供任何敏感的個人資料,例如登入密碼和一次性密碼。金管局呼籲,曾向上述欺詐網站或登入畫面提供個人資料,或透過該等途徑進行交易的人士,應立即聯絡相關銀行,並致電香港警務處刑事總部資訊中心(電話號碼:2860 5012)報告情況。銀行一旦發現任何欺詐網站、偽冒電郵或類似的詐騙事件,一般會盡快向金管局匯報。而香港金融管理局的專頁會不定時提供有關欺詐銀行網站、偽冒電郵及類似的詐騙事件詳情。來源: 政府新聞署
#Enforcement is key:
#HongKong issues #generativeAI #guidelines to #banks to avoid bias against consumers
"Banks looking to use GenAI in their prods shld follow a range of principles, incl'g ensur'g customers can choose to #optout of using e #technology & tt #AI models don't lead to unfair #bias or disadvantage certain #consumer groups, #HKMA said in a notice. Company boards & senior management shld also "remain #accountable for all e GenAI-driven decisions & processes""
https://www.bangkokpost.com/business/general/2850382/hong-kong-issues-generative-ai-guidelines-to-banks-to-avoid-bias-against-consumers
<p>HONG KONG: Hong Kong's de facto central bank is urging financial institutions in the city to follow a new set of guidelines when using generative artificial intelligence (GenAI) in consumer-facing applications, as adoption grows in the banking sector.</p>