The Hong Kong Monetary Authority (HKMA) has unveiled a strategic blueprint to promote fintech, with the objective of nurturing responsible innovation and propelling the widespread adoption of fintech solutions. In the upcoming months, four pivotal projects are set to be initiated: the Quantum Readiness Index, designed to gauge the financial sector's preparedness for quantum computing; a New Risk Data Strategy, aimed at enhancing risk management through improved data utilization; Fintech Cybersecurity Benchmarks, to establish industry-wide standards for cybersecurity in fintech; and Qualifications Development Support, to foster talent development and upskilling in the fintech domain.
