The Hong Kong Monetary Authority (HKMA) announced on 22 May 2025 that its Commercial Data Interchange (CDI) is now connected to the Land Registry via the government’s Consented Data Exchange Gateway (CDEG) (LR@CDI). This Hong Kong LR@CDI linkage allows CDI-participating banks to automate their land search processes.
The connection is another step in meeting banks’ need for government data, following the integration of the Companies Registry with CDI through CDEG (CR@CDI).
By connecting to the Land Registry through the CDI-CDEG linkage, banks can use an API to directly access land and ownership information. The Hong Kong LR@CDI linkage simplifies processes like property valuation and mortgage and loan assessments for both individual and corporate customers.
This would help banks improve risk assessment, enhance customer experience, and save time.
With the launch of LR@CDI, CDI-participating banks can now receive e-Alert notifications via API whenever additional charge or mortgage documents (related to mortgaged properties) are lodged for registration with the Land Registry. This provides banks with timely updates on the risk profile of their mortgage lending.
Howard Lee, Deputy Chief Executive of the HKMA, said,

“The launch of LR@CDI marks a significant milestone in our efforts to provide banks with seamless and secure access to government data, unlocking new efficiencies for banks to enhance risk management, better serve their customers and stay ahead of the curve in a rapidly evolving digital economy.”
Tony Wong, Commissioner for Digital Policy, added,

“By fostering a robust ecosystem of consented data sharing, we aim to unlock new opportunities for businesses and bolster the overall competitiveness of Hong Kong’s economy.”
Joyce Tam, Land Registrar, also noted that the Land Registry‘s collaboration with the HKMA and the DPO demonstrates its commitment to enhancing data accessibility and increasing efficiency between government and financial services.
Since the CDI-CDEG linkage became fully operational in August 2024, CR@CDI has been widely adopted by banks, with an average of around 1.5 million data transfers each month.
Eight banks are using the CR@CDI connection to improve efficiency and manage risks. They apply it in various scenarios, such as automating online account openings and performing customer due diligence.
More banks are expected to join the CDI service, using APIs to access company search records more efficiently.
Featured image: Edited by Fintech News Hong Kong, based on image by pingpongchaphoto via Freepik