Secretary for Financial Services & the Treasury Christopher Hui today chaired the sixth meeting of the Coordination Group on the Implementation of Fintech Initiatives.
During the meeting, he exchanged views with representatives from financial regulators, the fintech sector and academia on the latest developments in fintech in Hong Kong.
Mr Hui said, drawing on the valuable views of the industry representatives, the Government and financial regulators will maintain a multi-pronged approach to facilitate fintech development, including enhancing financial infrastructure, further enriching the fintech ecosystem, nurturing fintech talent, as well as strengthening connections and collaboration beyond Hong Kong.
Different aspects of fintech, including the proposed regulatory regimes for virtual asset dealing, custody, advisory and management service providers, were discussed.
The financial regulators provided updates on their progress in adopting artificial intelligence in the financial market.
The Monetary Authority briefed the meeting on the latest developments regarding Project Ensemble, the quantum preparedness of Hong Kong’s banking sector, as well as the Commercial Data Interchange and Project CargoX.
The meeting also noted that Hong Kong FinTech Week 2026, themed “Fintech Nexus: Bridging the World, Building the Future”, will be held from November 2 to 6 in conjunction with the StartmeupHK Festival.
The 11th edition of this event will attract attendees from all over the world. The Financial Services & the Treasury Bureau and Invest Hong Kong will collaborate with industry stakeholders and showcase the vitality of Hong Kong’s fintech ecosystem to the global market.