Hong Kong
PlanningThe HKMA published the whitepaper 'Quantum Preparedness of Hong Kong's Banking Sector' and launched the Quantum Preparedness Index (QPI) on 27 July 2026, circulated to all Authorized Institutions. The initial sector QPI score was reported at 2.3 out of 10; about half of Authorized Institutions have no structured cryptographic-upgrade plan, and among those that do, the average implementation timeframe is 5.6 years.
A rare example of measuring actual sector preparedness rather than only recording that a policy exists. Correction: the instrument's official name is the 'Quantum Preparedness Index (QPI)', not a generic 'readiness index'. Treat the index as a first-party supervisory measurement.
Authorized institutions in the banking sector
Band rationaleSector measurement in place; deployment still early.
- 2026-07-27
Quantum Preparedness Index (QPI) published
HKMA whitepaper and QPI survey results issued to all Authorized Institutions on 27 July 2026; sector-wide initial QPI score reported at 2.3/10.
Bindingness · guidance
Shows the distance between published policy and measured deployment inside a single regulated sector.
- ·Sector readiness scores are a better progress signal than counting policies
- ·Banks should expect follow-up supervisory reporting
- A2finalHKMA launches quantum preparedness whitepaper and index to support banking sector's readiness for quantum eraHKMAPublished 2026-07-27Reviewed 2026-09-06
- A3finalQuantum Preparedness of Hong Kong's Banking Sector (whitepaper) / Results of Quantum Preparedness Index SurveyHKMAPublished 2026-07-27Reviewed 2026-09-06