English
CMU membership eligibility expanded to facilitate international participation in Hong Kong’s bond market
CMU OmniClear Limited (CMU OmniClear) officially announced today (25 March) the expansion of membership eligibility of the Central Moneymarkets Unit (CMU) to include legally incorporated entities outside Hong Kong.
Under the updated admission policy, in addition to regulated financial institutions in Hong Kong, eligible institutions such as financial institutions regulated or supervised by a recognised authority outside Hong Kong, sovereigns and supranational institutions, can now also apply for CMU membership to directly access CMU services.
Mr Stanley Chan, Chief Executive Officer of CMU OmniClear, said “We welcome financial institutions in or outside Hong Kong to join as our direct members. By expanding membership eligibility, we aim to facilitate greater international participation in the Hong Kong bond market and in the Mainland market through the Bond Connect, further consolidating Hong Kong’s position as a leading international financial centre and a gateway into the Mainland market. Alongside membership expansion, CMU OmniClear will also continue to expand its service coverage to better serve issuers and investors.”
Since January 2025, CMU OmniClear has been carrying out the operations and business development activities of the CMU on behalf of the Hong Kong Monetary Authority (HKMA). The HKMA remains the owner and system operator of the CMU.
For details on the latest CMU membership eligibility and the application process, please refer to the Membership & Onboarding section of our website.
CMU OmniClear Limited
25 March 2025
Under the updated admission policy, in addition to regulated financial institutions in Hong Kong, eligible institutions such as financial institutions regulated or supervised by a recognised authority outside Hong Kong, sovereigns and supranational institutions, can now also apply for CMU membership to directly access CMU services.
Mr Stanley Chan, Chief Executive Officer of CMU OmniClear, said “We welcome financial institutions in or outside Hong Kong to join as our direct members. By expanding membership eligibility, we aim to facilitate greater international participation in the Hong Kong bond market and in the Mainland market through the Bond Connect, further consolidating Hong Kong’s position as a leading international financial centre and a gateway into the Mainland market. Alongside membership expansion, CMU OmniClear will also continue to expand its service coverage to better serve issuers and investors.”
Since January 2025, CMU OmniClear has been carrying out the operations and business development activities of the CMU on behalf of the Hong Kong Monetary Authority (HKMA). The HKMA remains the owner and system operator of the CMU.
For details on the latest CMU membership eligibility and the application process, please refer to the Membership & Onboarding section of our website.
CMU OmniClear Limited
25 March 2025
