Regtech Development in Hong Kong: Challenges and Recommendations

Acknowledgement We would like to express our gratitude to the RegTech Association of Hong Kong for supporting our work in collecting industry feedback and the industry partners and regtech practitioners who provided their valuable inputs. We would also like to thank the Policy Innovation and Coordination Office (PICO) and the Research Grants Council (RGC) for supporting our respective research projects, “The Development of Fintech, Insurtech, and Regtech Manpower to Sustain Hong Kong as a Leading Global Financial Center” and “Contributing to the Development of Hong Kong into a Global Fintech Hub” (No. T31-604/18-N). This report is intended to be read in conjunction with “Regtech Development in Hong Kong: Talent as a Fuel for Growth” which focuses on the regtech manpower situation in Hong Kong. Research and Editorial Team Kar Yan TAM, Christy YEUNG, Ramee LIU, Karine AUVE, Qifang QIU, Marie RAYMOND For enquiries, please contact us at fintech@ust.hk. About HKUST Business School Founded in 1991, the HKUST Business School is young, innovative and committed to advancing global business knowledge. The School has forged an international reputation for world-class education programs and research performance, and has received many top global rankings. It is one of the first Asian business schools accredited by both AACSB and EQUIS. The School strives to contribute to the economic and social advancement of the region by developing future leaders who possess an innovative and entrepreneurial spirit as well as a strong sense of responsibility. We also take active steps to promote knowledge advancement in many significant business areas. For more information, please visit https://bm.hkust.edu.hk/. © January 2023 HKUST Business School, The Hong Kong University of Science and Technology. All Rights Reserved.

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