The Hong Kong Association of Banks (HKAB; Chinese: 香港銀行公會) is an association created based on a series of Bank Ordinances enacted since 1948.
The ordinance provides a framework for the Hong Kong Government to exchange views with the banking sector for the further development of the industry.
Although banking licenses are granted by the Hong Kong Monetary Authority, licensed banks in Hong Kong are required to join the HKAB and are thus subject to HKAB's rules.
Each member bank must designate a senior executive to represent it vis-à-vis HKAB at meetings.
You can help Wikipedia by expanding it.This bank and insurance-related article is a stub.