HK’s FX clearing needs improvement – IMF

However, the assessment of Hong Kong’s financial system stability said that the territory’s authorities had already drafted legislation to try and address weaknesses, although it did not specify what these problems were.

The IMF also said there needed to be an improvement in the collection of data on foreign exchange risk in the corporate sector. This will “enable the regulatory authorities to better assess potential vulnerabilities of the financial system”.

The report added that FX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: