The Hong Kong Monetary Authority held a bilateral meeting with the Bangko Sentral ng Pilipinas (BSP) in the Philippines on 28 March, led by HKMA Chief Executive Eddie Yue and BSP Governor Eli M. Remolona, Jr., to exchange views and strengthen cooperation across various areas of central banking. Discussions covered capital market development, digital payments and connectivity, digital banking, and sustainable finance. Topics included the bond market and ecosystem, multilateral digital payment projects, cybersecurity risk management and consumer protection, digital financial literacy, climate risk stress testing, and other green finance initiatives, alongside potential further collaboration to broaden the authorities’ longstanding bilateral ties.
Hong Kong Monetary Authority 2025-03-31
Hong Kong Monetary Authority holds bilateral meeting with Bangko Sentral ng Pilipinas to strengthen central banking cooperation
The Hong Kong Monetary Authority and Bangko Sentral ng Pilipinas held a bilateral meeting to enhance cooperation in central banking. Discussions included capital market development, digital payments, digital banking, and sustainable finance, with a focus on bond markets, cybersecurity, and climate risk stress testing.