The HKMA Regtech White Paper stresses the role of technology in transforming compliance and risk management in Hong Kong’s financial sector. With rising regulatory complexity, cyber threats, and financial crime, Regtech adoption is seen as critical to boosting efficiency, transparency, and resilience. Key applications include AML, fraud detection, regulatory reporting, and stress testing, leveraging AI, analytics, and automation to cut manual processes. The paper highlights the need for stronger collaboration between regulators and banks, common data standards, and innovation sandboxes to scale adoption. HKMA positions Regtech not just as a compliance tool but as a strategic driver of competitiveness in global finance.

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