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HKMA sees significant progress in banks’ AML regtech adoption


The Hong Kong Monetary Authority (HKMA) has reported significant advances made by banks in implementing anti-money laundering (AML) regulatory technology, or regtech, aimed at enhancing AML and Counter-Financing of Terrorism (CFT) efforts. The report highlighted practical applications of regtech in areas such as real-time fraud monitoring and machine learning for transaction monitoring. The HKMA plans to continue promoting AML regtech adoption to maintain financial system integrity and stability.

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