HKMA wants lenders to accelerate post-quantum planning – Central Banking
De facto central bank to unveil preparedness index, among other future-proofing tech initiatives
Hong Kong’s de facto central bank has released what it describes as a “tactical” fintech blueprint to encourage the city’s lenders to accelerate preparations for quantum computing, adoption of artificial intelligence and distributed ledger technology (DLT), and cyber security challenges.
Arthur Yuen, deputy chief executive of the Hong Kong Monetary Authority (HKMA), unveiled the plan at a media conference on February 3, and said four projects would be announced over the coming months. These would
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