With new technologies, customer expectations and regulatory requirements, the old world of banking has been turned on its head in recent years. On March 27th Hong Kong's Monetary Authority authorized three new 'virtual banks' which, for the first time in Hong Kong's history, will be allowed to conduct their banking business solely online. While an exciting moment for Hong Kong's financial sector, it raises questions about the future of Hong Kong as a financial hub.
● What will Hong Kong's financial sector look like in ten years?
● Will these virtual banks change the way Hong Kong citizens interact with their banks?
● Or will it be brand new challenger banks outside the traditional banking sector that have the greatest influence in ten years?
● How do Hong Kong's open banking initiatives and existing financial institutions fit into this future?
We will bring together three Hong Kong experts from diverse backgrounds to lead a debate on the future of banking in Hong Kong, with direct audience involvement in the discussion. Join us for a lively debate!
5:00 - 5:30pm Registration
5:30 - 6:45pm Debate
6:45 - 7:00pm Voting and announce winner
7:00 - 8:00pm Closing Remarks & Networking