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The Hong Kong Association of Banks (HKAB)
The Hong Kong Association of Banks ("HKAB") was created by The Hong Kong Association of Banks Ordinance, Cap.364 ("Ordinance") in 1981 to replace the Exchange Banks' Association. The Ordinance provides a framework for the Government to exchange views with the banking sector for the further development of the industry. Although banking licences are granted by the Hong Kong Monetary Authority ("HKMA"), no fully licensed bank can operate in the Hong Kong Special Administrative Region ("HKSAR") without being a member of HKAB and is thus subject to HKAB's rules. Its members are the banks, not their employees. HKAB is under the auspices of its member banks, which are represented by their designated representatives in general meetings. Each member bank must designate a senior executive to represent it vis-à-vis HKAB at meetings.
 
Asia Hong Kong Hong Kong Island Hong Kong
 
   
Address:   Room 525, Prince's Building, Central, Hong Kong
     
 
Phone: +852 2521 1169
Fax: +852 2868 5035
     
     
   
     
  Web: http://www.hkab.org.hk/
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