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IncreasingHigh2026-07-20

HKMA issues further scam alert on bank impersonation fraud

Banking SupervisionAlertGeneral RegulatoryRetail BankingHong KongConf: Medium
Regulatory Event

HKMA published additional alert on fraudulent websites and phishing scams impersonating banks.

Analysis

A second HKMA scam alert within days highlights persistent phishing campaigns. Banks should escalate detection, takedown, and customer communication measures, and ensure fraud loss reporting to HKMA remains timely and complete.

Relevance

Persistent fraud campaigns require sustained retail banking fraud controls and reporting.

Required Action

Action Required

Escalate fraud monitoring and coordinate takedowns of impersonation sites targeting bank customers.

Justification

Frequency of HKMA alerts signals elevated fraud environment requiring active response.

Control Commentary

Ensure fraud detection, brand protection, and customer notification workflows are operating at heightened tempo; capture emerging typologies in RCSA updates.

Source

HKMA alerts the public to press releases from banks regarding fraudulent websites, phishing emails and scams; banks will not send SMS/emails with embedded hyperlinks.

Scam alert related to banks

Published: 2026-07-20

RH-2026-07-22-009