Banking Stability
The HKMA is responsible for regulating and supervising banking business and the business of taking deposits in Hong Kong. It is also responsible for the authorization of licensed banks, restricted licence banks and deposit-taking companies in Hong Kong, which are collectively known as authorized institutions.
The working of the Banking Ordinance and the activities of the HKMA during the year on the maintenance of banking stability can be found in the Banking Stability chapter of the HKMA Annual Report.