(API Exchange), even (or especially) if they are made compatible. But it could also jumpstart open-banking initiatives that have been slow to take off, partly due to banks’ concerns around liability and data protection, as well as their reluctance to throw open customer data to third ...
2.8 Customer protection Virtual banks will need to comply with theTreat Customers Fairly Charterand theStandards of Code of Banking Practiceof the Hong Kong Association of Banks and the DTC Association. Virtual banks’ terms and conditions must clearly set out the respective rights and obligations of...
which should provide additional lending capacity. At the transition date to HKFRS 9 in January 2018, the HKMA had required locally incorporated banks to maintain an RR on top of accounting provisions to mitigate potential gaps regarding the data, systems and controls required to determine...
9.4 You may cancel your subscription on no less than thirty (30) days' notice to us by post or email to take effect at any time after the end of the Minimum Term using the customer service contact details applicable to your subscription as detailed at the end of these Terms. You should...
7.6 To the extent that the terms of a multiple-user licence restricts licensed users to a particular category of individuals (e.g. employees of your organization), you must notify us immediately, using the customer service contact details applicable to your subscription (as detailed at the end ...