Hong Kong Interbank Clearing Limited has discovered the fake website fpsrefund.club, which impersonates the Faster Payment System FPS online transaction security service and tricks users into providing information such as ID card photos, phone numbers and bank account numbers. The clearing house clarified that it has absolutely no connection to the website, and that the genuine official addresses are www.hkicl.com.hk and fps.hkicl.com.hk. The public can call 2533 1111 to verify.
Why read this: The clearing house lists the fake website's address, the deception tactics and the genuine official addresses, so readers can check whether they have come across similar links.
The Hong Kong Monetary Authority announced the 'ART' framework on 15 October to promote the responsible use of artificial intelligence in the banking sector, building an accountable, resilient and trustworthy A.I. ecosystem. Measures include updating the Regulatory Guidance on the Responsible Use of Artificial Intelligence, building an A.I. training data-sharing platform with Cyberport and the University of Hong Kong, and testing agentic A.I. Over 60 per cent of use cases in the second phase of the GenA.I. Sandbox involve agentic A.I.
Why read this: The framework sets out three measures: regulatory guidance, a data-sharing platform and the GenA.I. Sandbox++, and discloses that over 60 per cent of use cases in the second phase involve agentic A.I., allowing readers to check industry progress.
Oct 14Wed
Wed
Translation is not available yet. Showing the Traditional Chinese version.
Chongqing and Hong Kong today (14 October) announced that the Chongqing-Hong Kong cross-border data verification platform has come into operation, coordinated and built by the Hong Kong Monetary Authority and the Chongqing Branch of the People's Bank of China, among others. The platform uses blockchain and data code verification for data carried by customers themselves, without involving cross-border transmission and storage of original documents. The first phase focuses on cross-border financial scenarios such as opening accounts and applying for loans.
Why read this: The Chongqing-Hong Kong platform was jointly coordinated and built by the Hong Kong Monetary Authority and multiple parties in Chongqing, using blockchain and data code verification without cross-border transmission of original documents, and cites that the Shenzhen-Hong Kong platform has been used more than 40,000 times, providing a scale for comparison.
Hong Kong Interbank Clearing Limited warned the public against the fraudulent website fasterpaymentsystemfps.xyz, which impersonates the Faster Payment System online transaction security service and requests personal data such as identity card photographs and bank account numbers. The company clarified that it has no connection with the site, stating that the genuine official URLs are www.hkicl.com.hk and fps.hkicl.com.hk, and that suspicious communications can be verified by calling 2533 1111.
Why read this: The announcement lists the fraudulent URL alongside two genuine official URLs, allowing readers to check whether they may have logged in and been deceived.
Translation is not available yet. Showing the Traditional Chinese version.
Hong Kong Interbank Clearing Limited recently identified two fraudulent websites impersonating its official site, tuikuanfpsnew.sbs and tuikuanfpsnew.cfd. The websites masquerade as an online buyer security service, offering refunds and reporting of unauthorised transactions, in an attempt to lure members of the public into submitting copies of their identity cards, telephone numbers and bank account details. The clearing company clarified that it has absolutely no connection with them, and that its genuine official websites are www.hkicl.com.hk and fps.hkicl.com.hk. Suspicious communications can be verified by calling 2533 1111.
Why read this: The announcement lists two fake URLs, the clearing company's genuine official website and a verification telephone number, allowing members of the public to check item by item whether they are accessing a fraudulent website, while also providing a channel for enquiries if they suspect they have been defrauded.
Hong Kong Interbank Clearing Limited recently discovered two scam websites impersonating its official website, masquerading as the Faster Payment System (FPS) online transaction security service to obtain bank account details. The company clarified that these have absolutely no relation to its business, and that its genuine official websites are www.hkicl.com.hk and fps.hkicl.com.hk. Suspicious communications can be verified by calling 2533 1111.
Why read this: The announcement lists the URLs of two fake websites alongside the clearing company's genuine official website, and provides a verification hotline for the public to check whether they have mistakenly entered a fake website.
Oct 7Wed
Wed
Translation is not available yet. Showing the Traditional Chinese version.
Hong Kong Monetary Authority Chief Executive Eddie Yue said the HK dollar has gradually weakened since mid-June to hover around 7.8460 to 7.8475, close to the 7.8500 weak-side convertibility undertaking, mainly because the widening Hong Kong-US interest rate gap has prompted carry trades and demand for HK dollars related to the stock market has fallen back. He said the automatic interest rate adjustment mechanism of the Linked Exchange Rate System will keep the HK dollar stable between 7.75 and 7.85 to 1 US dollar, and the Hong Kong Monetary Authority will closely monitor market conditions.
Why read this: The Hong Kong Monetary Authority Chief Executive set out two causes of the HK dollar's weakness and explained how the Linked Exchange Rate System will automatically adjust as it approaches the weak-side convertibility undertaking, allowing readers to compare it with the exchange rate levels they are holding.
Hong Kong Interbank Clearing Limited reminds the public to beware of the fake website hkmonetaryauthority.lol, which masquerades as the 'Buyer Online Security Guarantee' to offer Faster Payment System (FPS) online transaction security services, tricking users into providing identity card numbers, photos of identity documents and telephone numbers. The company clarified that it has absolutely no relationship with the website, and its official website addresses are www.hkicl.com.hk and fps.hkicl.com.hk. Enquiries can be verified by calling 2533 1111.
Why read this: The bulletin lists the URL patterns of the fake websites and two official website addresses, allowing readers to check item by item whether they have mistakenly entered a scam page.
HKICL reminded the public to beware of the fake website refund-fps.ink, which masquerades as an FPS online transaction refund service and directs users into WhatsApp conversations with people impersonating customer service staff. HKICL said it has absolutely no relationship with the website; the official websites are www.hkicl.com.hk and fps.hkicl.com.hk, and suspicious communications can be verified by calling 2533 1111.
Why read this: The announcement lists the characteristics of the fake website address alongside the genuine official website, and provides a verification telephone number, allowing readers to immediately check the authenticity of links they have received.
The Hong Kong Monetary Authority released the results of the residential mortgage survey for August 2026. New loan applications fell 8.3 per cent month-on-month to 8,446 cases, while newly approved mortgage loans decreased 28.2 per cent to HK$32.2 billion. Within the total, approvals in the primary market fell 31.8 per cent to HK$9.1 billion, the secondary market dropped 36.7 per cent to HK$15.3 billion, while re-mortgages rose 6.8 per cent to HK$7.8 billion. Outstanding mortgage loans increased 0.6 per cent month-on-month to HK$1,975.4 billion, with a delinquency ratio of 0.11 per cent.
Why read this: Lists month-on-month changes in new mortgage applications, approvals and utilisation, allowing the increases and decreases in primary, secondary and re-mortgage markets to be checked one by one, together with the delinquency ratio.
Translation is not available yet. Showing the Traditional Chinese version.
The Hong Kong Monetary Authority released the results of the residential mortgage survey for August 2026. Newly approved mortgage loans in August fell 28.2% month on month to HK$32.2 billion, while new loan applications dropped 8.3% to 8,446 cases. Newly drawn mortgage loans rose 11.6% to HK$32.8 billion, outstanding mortgage loans increased 0.6% month on month to HK$1,975.4 billion, and the delinquency ratio stood at 0.11%.
Why read this: The statistics show month-on-month changes in newly approved loans, drawn loans and delinquency ratios, broken down by primary, secondary and refinancing markets, allowing readers to check the trend in the mortgage market.
The Hong Kong Monetary Authority and the Hong Kong Association of Banks announced that 28 retail banks will further extend by six months, to end-May 2027, the repayment moratorium on mortgages, personal loans, credit card loans and other loans for those affected by the Tai Po fire. Where mortgagors and borrowers of Wang Fuk Court sell their interest in the property to the HKSAR Government, their existing mortgage moratorium may be extended until the newly purchased unit is occupied. This follows the support measures launched in March this year.
Why read this: The announcement states that the moratorium is extended to end-May 2027 and covers 28 retail banks, allowing affected individuals to check whether they fall within the scope of support.