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PBOC and HKMA Sign MOU on Cross-Boundary Payment System Linkage

HK

PBOC and HKMA Sign MOU on Cross-Boundary Payment System Linkage
HK

HK

PBOC and HKMA Sign MOU on Cross-Boundary Payment System Linkage

2024-08-02 21:30 Last Updated At:08-03 00:47

PBOC and HKMA Sign MOU on Cross-Boundary Linkage of Payment Systems between the Mainland and Hong Kong

The following is issued on behalf of the Hong Kong Monetary Authority:

Deputy Governor of the People's Bank of China (PBOC), Mr Lu Lei,and Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), Mr Howard Lee met today (August 2) to exchange views on a range of topics of mutual interest, including financial co-operation between the Mainland and Hong Kong, as well as pushing forward the linkage of fast payment systems. They also signed the Memorandum of Understanding (MOU) between the PBOC and the HKMA on Cross-Boundary Linkage of Payment Systems between the Mainland and Hong Kong, establishing a cooperation framework for the linkage.

Fulfilling police career goals

The Police Force is proudly training young people who dream of becoming police officers via a new training initiative, the Diploma of Applied Education - Police Cadet Training Programme, which was launched last year.

News.gov.hk interviewed the Commissioner of Police, Mr Chow Yat-ming, who shared his experience in getting the programme up and running and witnessing the growth of its trainees. Plus, members of the first cohort were also interviewed to gain an appreciation for how the programme helps young people prepare for a career in the Police Force.

The story is available at www.news.gov.hk/eng/feature today (May 11) in text and video format.

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