Category Fraud Alerts HK

The Hong Kong Monetary Authority (HKMA) announced today (Wednesday) that the official foreign currency reserve assets of Hong Kong amounted to US$491.6 billion as at the end of June 2021 (end-May 2021: US$494.5 billion) (Annex).

There were no unsettled foreign exchange contracts at end-June 2021 and end-May 2021.

The total foreign currency reserve assets of US$491.6 billion represent over six times the currency in circulation or about 47% of Hong Kong dollar M3.




Hong Kong Monetary Authority
7 July 2021


At present, four press releases relating to the Exchange Fund’s data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS). The fourth press release, on the Exchange Fund’s Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA’s policy of maintaining a high level of transparency. For the month of July 2021, the scheduled dates for issuing the press releases are as follows:

7 July

SDDS International Reserves
(Hong Kong’s Latest Foreign Currency Reserve Assets Figures)

14 July

SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund)

30 July

SDDS Template on International Reserves and Foreign Currency Liquidity

30 July

Exchange Fund Abridged Balance Sheet and Currency Board Account



Source link

Is your business effected by Cyber Crime?

If a cyber crime or cyber attack happens to you, you need to respond quickly. Cyber crime in its several formats such as online identity theft, financial fraud, stalking, bullying, hacking, e-mail fraud, email spoofing, invoice fraud, email scams, banking scam, CEO fraud. Cyber fraud can lead to major disruption and financial disasters.
Digitpol can assist with all stages of cyber related incidents.

Contact Digitpol’s hotlines or respond to us online.

ASIA +85239733884
Europe +31558448040
UK +44 20 8089 9944