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What is open API?

Application programming interface (API) is a computer programming approach for facilitating exchange of information and executing instructions between different computer systems. Open APIs refer to APIs that allow third party access to systems of an organisation.

What is the open API framework for the Hong Kong banking sector?

Following a public consultation, the HKMA published the Open API Framework for the Hong Kong Banking Sector on 18 July 2018. The Framework takes a risk-based principle and a four-phase approach to implement various Open API functions, and recommends prevailing international technical and security standards to ensure fast and safe adoption.

What is a web API?

API stands for A pplication P rogramming I nterface. A Web API is an application programming interface for the Web. A Browser API can extend the functionality of a web browser. A Server API can extend the functionality of a web server. All browsers have a set of built-in Web APIs to support complex operations, and to help accessing data.

What are the HKMA's APIs?

For information about the HKMA’s APIs, which provide financial data and important information published on HKMA’s website, please visit the HKMA’s Open API portal. The formulation of the Open API Framework is one of the seven initiatives announced by the HKMA in September 2017 to prepare Hong Kong to move into a new era of Smart Banking.

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