By Yonnex Li ( July 28, 2026, 08:17 GMT | Insight) -- Hong Kong's banking sector remains largely unprepared for quantum computing security risks, with many institutions yet to establish formal governance or migration plans for post-quantum cryptography, according to a survey by the Hong Kong Monetary Authority. The city's de-facto central bank aims to achieve full sectoral readiness by 2030.Hong Kong's banking sector remains largely unprepared for quantum computing security risks, with many institutions yet to establish formal governance or migration plans for post-quantum cryptography, or PQC, according to a survey by the Hong Kong Monetary Authority, or HKMA, the city's de-facto central bank....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.