Reshaping the Financial Industry in a Digitised Economy

Cover Story 

Reshaping the Financial Industry in a Digitised Economy

Financial institutions, the backbone of the global economy, are facing unprecedented challenges – from keeping client data secured and complying with new regulatory guidelines to competing with agile Fintech start-ups and larger Techfins. To tackle the various challenges that arise from the new digitised economy, investment in technology and talent is paramount.

Conference Highlights

HKIB Annual Banking Conference 2022 Examined Big Picture Topics Through a Local Lens

Centred on the theme “Strengthen Resilience, Empower Customers and Accelerate Sustainable Growth", this recap of the HKIB Annual Banking Conference highlights the key points, trends and topical issues discussed at the conference, which are relevant to the local banking community.

Special Article

Unlocking Workforce Potential: HKIB Talent Development Survey Identifies Trends and Opportunities for Progress

With attraction, development and retention of talent a major priority for banks and financial institutions, the HKIB Talent Development Survey 2022 identified the latest talent trends, skills gaps and the most pressing professional training needs in the banking industry.

Special Explainer

Banks Have a Bigger Role to Play in New Mortgage Payment Option

In a special article in this edition of Banking Today, topic experts explain the details and implementation processes behind the pilot-launch of the Payment Arrangements for Property Transactions (PAPT) scheme, which means that banks will be able to play a more active role in effecting mortgage fund transfers to relevant institutions and parties, which previously were the responsibility of a solicitor.

China World

Distinctive Status - Hong Kong Crucial Role in the Development of Mainland China's Banking Sector

From the 1997 Handover to the most recent developments in the cross-border Connect schemes, Hong Kong has leveraged its unique role as the connector between Mainland China and international financial markets. The China World article in this edition of Banking Today, takes a comprehensive look at the past and future role Hong Kong has to play — including providing a deep pool of financial, accounting, legal and technical expertise — which is closely tied to the Hong Kong’s ongoing success as the most international city in China and the most Chinese city outside of the Mainland.

Change Horizons 

Banking on Continuity: Setting the Scene, Sixty Years and Counting

With HKIB about to launch a year of 60th anniversary celebrations, through a series of articles, Banking Today will reflect on some of the Institute's important milestones and its on-going mission to provide professional development pathways for bankers of today and tomorrow as well as look back at some of the key events and developments that have shaped Hong Kong's banking and financial sector.