

Hong Kong Banks Told to Adopt Fraud Framework Within Three Months
Hong Kong fraud framework plans are advancing as the Hong Kong Monetary Authority urged banks to standardise procedures for handling customer fraud claims. Local media reported that the HKMA asked the Hong Kong Association of Banks to respond by 1 December, with adoption expected within three months of the final draft. The proposal covers authorised payments and transfers made through Hong Kong accounts, which are currently assessed case by case. The HKMA said liability in su
Oct 21, 2025






