Odaily Planet Daily News Hong Kong Monetary Authority released the briefing document of the Financial Affairs Committee of the Legislative Council of Hong Kong, which pointed out that after the publication of the consultation summary on October 14, 2024, revised guidelines for the recognition of digital banks have been issued and published to implement the new name. It is reported that digital banks must comply with the same set of regulatory requirements applicable to traditional banks; however, some regulations will be adjusted according to the business models of digital banks, based on risk and the principle of technological neutrality. According to updated information from the Hong Kong Monetary Authority, as of October 25, 2024, there are a total of eight registered digital banks in Hong Kong: Starling Bank Limited, Ant Bank (Hong Kong) Limited, Fusion Bank Limited, Livi Bank Limited, MOX BANK LIMITED, PAO BANK LIMITED, Huili Bank Limited, and ZhongAn Bank Limited.