Act 1986
Banking Ordinance (Cap. 155)
Issued by Hong Kong Monetary Authority
Effective: 1 Sep 1986
Last amended: 17 Jul 2026
Plain-English summary
Banking Ordinance (Cap. 155) regulates and supervises banks and deposit-taking businesses in Hong Kong. Banking Ordinance is regulated by the HKMA, which provides the three-tier banking structure, which comprises Licensed Banks, Restricted Licensed Banks, and Deposit-Taking Companies. As per Cap. 155, the HKMA has a wide range of powers for licensing/delicensing, having strong capital and liquidity ratios, regulating changes in ownership, and conducting on-site inspections. Through this, the stringent rules and regulations under Cap. 155 protect depositors and ensure the stability of the international financial system of Hong Kong.
Who it applies to
Banking
Topics
Prudential & Capital
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