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The Hong Kong Monetary Authority Has Issued New Online Banking Licenses
...ning of April, one more license was issued. And as you may already understand, the HKMA granted another four 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 m...
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