The HKMA announces a list of eligible banks in Hong Kong for launching the Cross-boundary Wealth Management Connect Pilot Scheme

The Hong Kong Monetary Authority has announced today (27 January) 5 eligible banks in Hong Kong which can launch Cross-boundary Wealth Management Connect (WMC) services (Southbound participating banks, Northbound participating banks), bringing the total number of eligible banks in Hong Kong to 24. These banks, together with their respective Mainland…