The Hong Kong Monetary Authority (HKMA) has released a new "Practice Guide to Cloud Technology Applications" as part of its commitment to strengthening the resilience of the financial industry under its "FinTech 2030" strategy. The guide provides more comprehensive guidance and best practices in eight key risk areas related to cloud technology applications. The guide aims to help banks better capitalize on the opportunities presented by responsible innovation, particularly the transformative potential of cloud technology. Click here to view the guide: