27 July 2020
The HKMA has appointed an external consultant, KPMG Advisory (Hong Kong) Limited , to assist with organising a series of activities to further facilitate the adoption of Regtech. The HKMA, with the help of KPMG, launched a Regtech survey and will arrange a series of interviews with selected AIs and technology firms to collect their views and insights around Regtech development. The HKMA will then produce a white paper on Regtech based on the results of the survey and the interviews. The white paper will encompass an analysis of the current Regtech landscape, identification of pain points for Regtech adoption, and a roadmap for encouraging Regtech growth and talent development.