HKMA, HKUST Business School ink MoU for applied cybersecurity research

They will explore supervisory tech and regulatory tech.

The Hong Kong Monetary Authority (HKMA) and the HKUST Business School have signed a memorandum of understanding (MOU) to collaborate in applied cybersecurity research tailored to the needs of the city’s financial sector.

Under this, HKMA and the HKUST Business School will explore supervisory technology (suptech) and regulatory technology (regtech) solutions. These solutions are expected to enhance the HKMA’s supervisory capabilities.

The HKMA and the HKUST Business School will work with financial institutions to validate research outcomes.

The goal is to develop practical applications, raise awareness to emerging cybersecurity threats, and foster specialized talent for the industry’s continued development.