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MAS and HKMA Sign Memorandum of Understanding on Banking Supervision

19 September 2025

MAS and HKMA Sign Memorandum of Understanding on Banking Supervision

The Monetary Authority of Singapore and the Hong Kong Monetary Authority (HKMA) published a Memorandum of Understanding (MoU) on banking supervision.

 

 

The announcement boosts collaboration between regulators and aims to improve supervision of banks in both regions. 

➡️ The MoU allows the two authorities to both share information and cooperate on oversight. 

Firms operating in both Hong Kong #HK and Singapore should review their regulatory reporting processes, ensuring that reports provide sufficient detail and context for cross-border supervision and supervisory engagement.