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Hong Kong

The rules behind every bank page in Hong Kong: who licenses banks, what happens to custody assets and deposits if a bank fails, how enforcement decisions are published, and what is shared with tax authorities abroad.

The framework

Licensing, protection and disclosure in Hong Kong

Each point links to the source it was checked against on the review date.

Regulator and licensing lawBanking Ordinance (Cap. 155).
Deposit protectionDeposit Protection Scheme (DPS), run by Hong Kong Deposit Protection Board, an independent statutory body established in 2004. Cover: HK$800,000 per depositor per bank, raised from HK$500,000 with effect from 1 October 2024. Currency: HKD; deposits in Hong Kong dollars, renminbi or other currencies placed with the Hong Kong office of a Scheme member are covered. What is covered: Savings, current and time deposits with maturity up to five years, secured deposits; personal, joint and company accounts. Not covered: e-wallet funds, structured deposits, bearer CDs, time deposits over five years, bonds, stocks, insurance policies, stored value facilities, offshore deposits.  Source
Custody assets in insolvencySFC Code of Conduct para 11.1(a): licensed or registered persons must ensure client assets are accounted for properly and promptly and adequately safeguarded; para 11.1(b) refers to the SFO, the Securities and Futures (Client Money) Rules and the Securities and Futures (Client Securities) Rules. The Client Securities Rules (Cap.  Source
Non-resident clientsDPS covers deposits placed with the Hong Kong office of a Scheme member regardless of depositor residence (page describes offshore deposits as excluded, not non-resident depositors).
State guaranteesNone identified.
Important information. Editorial opinion of PPLI.com on the date shown, based on public information, client experience and editorial judgment. Not a statement of fact, a credit rating or investment, legal, tax or financial advice; verify with the bank and your own advisers before acting. No liability is accepted for reliance on this content. Bank names and logos are used for identification only. Ratings are updated every quarter. This is the Q4 2026 edition, and a rating can change between editions if something material happens. Full disclaimer
Ratings signed by Noam Cohen, Editor, Bank IntelligenceReviewed 2 November 2026Methodology version 2.3Corrections [email protected]
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