The Hong Kong Academy of Finance (AoF) is set up with full collaboration amongst the Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority and the Mandatory Provident Fund Schemes Authority. The AoF brings together the strengths of the academia, the industry, professional training institutes and the regulatory community to develop financial leadership and promote research collaboration. The mission of the AoF is to serve as: - A centre of excellence for developing financial leadership; and - A repository of knowledge in monetary and financial research, including applied research.