FAST is one of the job creation schemes established under the Hong Kong Special Administrative Region (HKSAR) Government's Anti-epidemic Fund to support local industries affected by the COVID-19 pandemic.

To encourage traditional financial institutions to partner with fintech companies to conduct Proof-of-Concept projects on innovative financial services products, FSTB has launched the Fintech Proof-of-Concept Subsidy Scheme (PoC Scheme) to accelerate the growth and application of Fintech in Hong Kong.

We aim to attract more new blood for expanding the pool of talents of the asset and wealth management sector and to enhance its professional competency. We also aim to promote public awareness of the wide range of career opportunities and the career paths of functional jobs in the insurance sector.

To encourage the setting up of open-ended fund companies (OFCs) and real estate investment trusts (REITs) in Hong Kong, FSTB has engaged the Securities and Futures Commission to provide subsidies for qualified OFCs and REITs to set up in Hong Kong. The grant scheme covers eligible expenses incurred in relation to the incorporation or re-domiciliation of an OFC or the listing of a REIT and paid to Hong Kong-based service providers.

The Government launched the Green and Sustainable Finance Grant Scheme in May 2021 to provide subsidy for eligible bond issuers and loan borrowers to cover their expenses on bond issuance and external review services. The Scheme will last for three years. The Hong Kong Monetary Authority is responsible for administering the Scheme.

To attract insurance companies and organisations to issue insurance-linked securities in Hong Kong, the Government launched a two-year Pilot Insurance-linked Securities Grant Scheme in May 2021. The Insurance Authority is responsible for administering the Scheme.