Regulatory Alerts2020-04-06
Added · Updated
100% Loan Guarantee Product under SME Financing Guarantee Scheme
The Hong Kong Monetary Authority issued this circular to establish regulatory treatment for the 100% Loan Guarantee Product under the SME Financing Guarantee Scheme. It outlines the capital adequacy and credit risk management requirements for authorized institutions extending loans covered by this government guarantee. The guidance addresses credit risk transfer, collateral recognition, and large exposure limits specifically for these pandemic-related support measures.