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The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Dah Sing Bank, Limited relating to a fraudulent website, which has been reported to the HKMA. A hyperlink to the press release is available on the HKMA website. The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive personal in...

The Hong Kong Monetary Authority (HKMA) launched the Supervisory Incubator for Distributed Ledger Technology (the Incubator) today (8 January) to help banks responsibly unlock the transformative potential of distributed ledger technology (DLT). The Incubator is a new supervisory arrangement designed to help banks maximise the potential benefits of DLT adoption by effectively managing the associated risks. It will augment risk management capabilities at both the individual bank and indu...

The Swiss Confederation issued two bonds by auction on 08.01.2025: 0.25%, maturity 23.06.2035 (reopening) and 0.50%, maturity 28.06.2045 (reopening). The issuance volume (excluding own holdings) amounts to a total of 346.510 million francs.

Date: 8 January 2025 Reaching Out to the Religious Sector – Privacy Commissioner Speaks at the “2025 Aggiornamento (Study Camp) for the Clergy” The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, attended the “2025 Aggiornamento (Study Camp) for the Clergy” organised by the Catholic Diocese of Hong Kong on 8 January and delivered a thematic speech on “Tips to Collect and Handle Personal Data” to around 150 clergies. Duri...

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7 January 2025 Compared with October 2024:median consumer perceptions of inflation over the previous 12 months increased, as did consumer inflation expectations for three years ahead, while expectations for the next 12 months edged up;expectations for nominal income growth over the next 12 months remained unchanged, while expectations for spending growth over the next 12 months increased;expectations for economic growth over the next 12 months became more negative, while the expected unemploymen...