title: Hong Kong — Consumer Protection & APP Fraud | World Payments Monitor canonical: https://payments.gi/jurisdictions/hong-kong/w10/ publisher: Asymmetric Intelligence ### W10 Consumer Protection & APP Fraud Confirmed confirmed 2026-06-23 Hong Kong lacks a single statutory scam/APP-fraud reimbursement regime (unlike the UK PSR mandatory reimbursement or Singapore's SRF); instead it relies on HKMA-led, largely non-statutory measures. Core tools are the Suspicious Account Alert (FPS proxy + account-number coverage), the Police's Scameter/Scameter+ database, the Anti-Scam Consumer Protection Charter (now 3.0, launched 9 July 2025), mandatory app-based authentication replacing SMS OTP for card transactions, and bank-to-bank information sharing via FINEST with legislative 'safe harbour' amendments. Standing sub-brief · as of 4 July 2026 165 words · last cycle 2026-06-28 #### Consumer Protection & APP Fraud Hong Kong lacks a single statutory scam or APP-fraud reimbursement regime, unlike the UK PSR's mandatory reimbursement or Singapore's SRF, and this absence is confirmed rather than a silent omission. Protection relies on HKMA-led, largely non-statutory measures: the Suspicious Account Alert (FPS proxy plus account-number, launched November 2023 and expanded August 2024), Police Scameter/Scameter+, the Anti-Scam Consumer Protection Charter (3.0 launched 9 July 2025), mandatory app-based authentication replacing SMS OTP for card transactions (with related fraud rate reportedly down nearly 80%), and FINEST bank-to-bank information sharing with legislative safe-harbour amendments announced 10 April 2025. Hong Kong recorded 44,480 deception cases in 2024, up 11.7%. The divergence from the UK and Singapore models is the key structural finding. #### Outlook The posture is stable: fraud mitigation in Hong Kong is preventive and operational rather than redress-driven, and there is no mandatory reimbursement liability for PSPs. The gap between Hong Kong's non-statutory approach and statutory reimbursement regimes elsewhere remains the area to watch. no periodic updates on record for this sub-brief ** Sources and findings (4)** 1. T1 [https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/08/20240801-5/](https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/08/20240801-5/) retrieved 2026-06-23 2. T3 [https://www.klgates.com/Combatting-Scams-in-Australia-Singapore-China-and-Hong-Kong-4-17-2025](https://www.klgates.com/Combatting-Scams-in-Australia-Singapore-China-and-Hong-Kong-4-17-2025) retrieved 2026-06-23 3. T1 [https://www.info.gov.hk/gia/general/202505/07/P2025050700292.htm](https://www.info.gov.hk/gia/general/202505/07/P2025050700292.htm) retrieved 2026-06-23 4. T1 [https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/04/20250410-7/](https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/04/20250410-7/) retrieved 2026-06-23