Open API Framework

Hong Kong Open API Framework

ActiveOpen BankingAsia
Hong Kong • Regulated by Hong Kong Monetary Authority (HKMA)
📅
Effective Date
Jan 2019
Full Compliance
Dec 2022
🏛️
Regulator
Hong Kong Monetary Authority
HKMA
📊
Scope Areas
2

Overview

Four-phase Open API framework for retail banks in Hong Kong. Started with product information and progressed to account information and payment initiation APIs.

Note: Market-driven approach. Banks can choose commercial terms for premium APIs.

Jurisdiction

Hong Kong
View Open Banking providers and TPPs in Hong Kong

Scope & Coverage

This regulation covers the following areas and services:

AISPIS

Key Requirements

Phased API implementation
Common baseline standards
TSP registration
Bank-TSP agreements

Timeline

Effective Since
January 18, 2019
Full Compliance Deadline
December 31, 2022

Official Resources

Related Regulations

Other Asia regulations you might be interested in:

Need to integrate with Open Banking APIs?

Explore our directory of API aggregators and TPPs to accelerate your compliance.

Interested in more insights?

Banq builds data products and ecosystem solutions for bank and fintech providers.

Join our private beta