The Hong Kong Monetary Authority published an update on the inaugural Guangdong-Hong Kong-Macao-Shenzhen Joint Financial Regulatory Meeting, positioning it as a forum to strengthen cross-jurisdictional regulatory cooperation on banking and insurance sector development, financial market stability and consumer protection. Hosted by the National Financial Regulatory Administration (NFRA) Guangdong Office in Nansha, Guangzhou on 23–24 March, the meeting was attended by representatives from the HKMA, Hong Kong Insurance Authority, Monetary Authority of Macao and the NFRA Shenzhen Office, with additional participation from relevant NFRA departments and the Guangdong Province and Guangzhou Municipal Government. Discussions covered industry developments, supervisory work and market trends, including banking support for the Greater Bay Area’s international innovation and technology hub, regulatory oversight of artificial intelligence development and application in the banking sector, insurance services to enhance city development, facilitation of convenient cross-boundary medical insurance services, and protection of consumer interests.
Hong Kong Monetary Authority 2026-03-25
Hong Kong Monetary Authority participates in inaugural Guangdong-Hong Kong-Macao-Shenzhen joint financial regulatory meeting
The Hong Kong Monetary Authority reported on the first Guangdong-Hong Kong-Macao-Shenzhen Joint Financial Regulatory Meeting, aimed at enhancing cross-jurisdictional cooperation in banking and insurance sector development, financial market stability, and consumer protection. Hosted by the National Financial Regulatory Administration Guangdong Office, the meeting addressed industry developments, regulatory oversight of AI in banking, and cross-boundary medical insurance services.