The Central Bank of the UAE and the Hong Kong Monetary Authority deepen financial cooperation and market connectivity.

The Central Bank of the United Arab Emirates and the Hong Kong Monetary Authority held their third meeting in Abu Dhabi on February 11. The meeting was co-chaired by H.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE, and Eddie Yue, Chief Executive of the Hong Kong Monetary Authority. This meeting is part of the continuous efforts of both parties to strengthen cooperation and connectivity in the financial services sector between the two regions, reflecting the depth of institutional cooperation and common regulatory vision. Building on the progress made at the second meeting held in Hong Kong in December 2024, the Central Bank of the UAE and the Hong Kong Monetary Authority had in-depth discussions on several key areas. These include cross-border debt capital market connectivity; digital assets, tokenization, and central bank digital currency development; evolving trends in stablecoin regulatory frameworks; and supply chain financing.