Regulatory Update Series

Regulatory Framework for Stored Value Facilities and Retail Payment Systems

The Monetary Authority is responsible for the licensing and supervision of stored value facilities (SVF) and the designation and oversight of retail payment systems (RPS) in Hong Kong. The Payment Systems and Stored Value Facilities Ordinance (PSSVFO) provides the legal basis for the powers of the Monetary Authority in relation to the regulation of SVF and RPS.

In this Regulatory Update Series talk, Mr Billy Lai will give a briefing about key areas as below:

  • Emergence of new payment products and services
  • Regulatory regime for SVF and RPS
  • Potential benefits to the market

Speaker:   Mr Billy Lai
Speakers: Head (Retail Payment Oversight)
Speakers: Hong Kong Monetary Authority


Event Code : ESRUS17032301
Date : 23/03/2017 (Thursday)
Time : 12:00pm - 12:20pm   Registration & Light Sandwich Lunch
12:20pm - 1:20pm     Seminar / Q & A
Venue : Hong Kong Securities and Investment Institute
Room 510, 5/F, Wing On Centre, 111 Connaught Road Central, Hong Kong
Language : English
Hours :

1 CPT hour recognised by SFC
1 OPT hour recognised by PWMA
(Participants MUST attend the whole seminar including the question & answer session. Otherwise, NO/ZERO CPT/OPT hour will be given.)

Fees :

HK$210 for Members*
HK$380 for Non-members

*HKSI Institute Individual Members (FHKSI(HON), SFHKSI, FHKSI, MHKSI, AHKSI and Student Members) and staff of Corporate Members


Seats are limited, so register NOW ! 
For further enquiries, please call our Hotline on 3120 6100.