Press Release

Treasury Markets Summit 2017

                The Treasury Markets Summit 2017, jointly organised by the Hong Kong Monetary Authority (HKMA) and the Treasury Markets Association (TMA), was held today (Monday) in Hong Kong.

                In his keynote address to the Summit, Mr Norman Chan, Chief Executive of the HKMA, shared his view on the importance to build “Hong Kong” as a brand for financial services. He emphasised that building a “brand” requires good product as well as good marketing. It is crucial that financial institutions and practitioners have to be technically competent, and also need to uphold high ethical standards in order to gain the trust and respect of customers. He concluded that the Hong Kong financial sector, including the institutions, practitioners and regulators must work closely together to make “Hong Kong” the preferred brand in financial services in Asia.

                The Summit’s panels focused on various facets of Hong Kong’s financial and treasury markets, including the latest trend of global economic developments and regulatory changes, the opportunities arising from the opening up of Mainland China’s financial markets, and the changes brought by Fintech to treasury operations.

                Speakers at the Summit included Mr Howard Lee, Senior Executive Director of the HKMA and Chairman of TMA Executive Board; Mr Mark Austen, Chief Executive Officer, Asia Securities Industry and Financial Markets Association; and Mr James Lloyd, Asia-Pacific FinTech Leader of Ernst and Young.

                The Summit was attended by over 350 local and overseas participants, including representatives from regulatory authorities, Government officials, treasury market practitioners, asset managers as well as senior executives and professionals from banks, other financial institutions and corporates.

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Mr Norman Chan, Chief Executive of the HKMA, gives the welcoming remarks and keynote speech at the Treasury Markets Summit 2017 held in Hong Kong.

Mr Howard Lee, Senior Executive Director of the HKMA and Chairman of the TMA Executive Board (first from left), shares his views on the latest trend of global economic developments and regulatory changes. Joining him on the panel discussion are Mr Chordio Chan, General Manager, Head of Investment, Investment Management, Bank of China (Hong Kong) Limited (second from left); Mr Justin Chan, Co-Head of Markets, Asia Pacific, The Hongkong and Shanghai Banking Corporation Limited (third from left); Mr Rayson Chung, Managing Director, Head of Investments, Chief Investment Office Asia, JPMorgan Chase Bank National Association; Mr Madhusudan Mohanty, Head of Economics and Financial Markets for Asia and the Pacific, Bank for International Settlements Asian Office (second from right); and Dr Peng Wensheng, Global Chief Economist and Head of Research, Everbright Securities Limited. (first from right).