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PPT : The Regulatory Framework of E-Banking

The “Age of the Internet”
Technology is now the single biggest strategic issue in banking
In particular, banks should be urgently reviewing the opportunities provided by the internet
Businesses that fail to meet the challenge of the internet will have a limited future

The challenge for the regulators
The regulatory framework of the HKMA is largely based on the more traditional frame of reference
Therefore we need to ensure that our framework continues to evolve and keeps pace with technological developments
We certainly do not want to stand in the way of innovations such as e-banking

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Tags: Banking, E-Banking, Regulatory Framework

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