New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the primary regulatory body responsible for

    overseeing financial institutions in Hong Kong?
    A Hong Kong Monetary Authority Correct Answer Incorrect Answer
    B Securities and Futures Commission Correct Answer Incorrect Answer
    C Office of the Commissioner of Insurance Correct Answer Incorrect Answer
    D Independent Commission Against Corruption Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The primary regulatory body responsible for overseeing financial institutions in Hong Kong is the Hong Kong Monetary Authority (HKMA). It is responsible for maintaining the stability and integrity of the Hong Kong monetary system, and ensuring the soundness of the banking system in Hong Kong.

    Practice Next