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IncreasingMedium2026-07-07

HKMA issues repeated scam alerts on bank phishing sites

Banking SupervisionOtherGeneral RegulatoryRetail BankingHong KongConf: High
Regulatory Event

HKMA alerted the public to fraudulent websites, phishing emails and fake internet banking login screens impersonating banks, referencing multiple press releases from affected banks.

Analysis

Continued HKMA fraud alerts signal a sustained wave of phishing and impersonation targeting Hong Kong banks. Institutions should expect regulatory scrutiny over anti-fraud controls, customer education and speed of fraudulent site takedowns.

Relevance

Persistent scam activity elevates operational, conduct and reputational risk and increases regulatory expectations on retail fraud controls.

Required Action

Action Required

Reinforce customer fraud detection, phishing monitoring and takedown processes, and review external communications controls to reduce brand impersonation risk.

Justification

Repeated HKMA scam alerts indicate a systemic uptick in banking-related fraud requiring active mitigation.

Control Commentary

Assess phishing monitoring, brand protection and customer alert channels; ensure timely reporting to HKMA and rapid takedown of fraudulent domains impersonating the bank.

Source

The HKMA alerts the public to press releases issued by banks relating to fraudulent websites, internet banking login screens, phishing emails or other scams reported to the HKMA, reminding the public that banks will not send SMS or emails with embedded hyperlinks.

Scam alert related to banks

Published: 2026-07-06

RH-2026-07-07-004