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The Hong Kong Monetary Authority Has Issued New Online Banking Licenses

...ur licenses this Thursday. Of course we would require some time to realize what exact products those licensees are planning to introduce to the HK market. A statement issued by the HKMA points out that it takes from half a year to nine months for digital banking companies to establish and maintain their services. *Read our blog to keep abreast of all actual and interesting legal news.*

Path: Blog