RegAlertRule · HKMA · 20 Jun 2014
Advisory Notice issued by Financial Stability Board
The Financial Stability Board issued an advisory notice on 19 June 2014 designating Venezuela as a non-cooperative jurisdiction regarding international regulatory cooperation and information exchange. The Hong Kong Monetary Authority, represented by Executive Director Henry Cheng, directed all authorized institutions to take this notice into account when conducting business. This directive ensures that financial institutions align their operations with the FSB's assessment of Venezuela's regulatory standards.
Our Ref.: B1/15C
20 June 2014
The Chief Executive
All authorized institutions
Dear Sir/Madam,
Advisory Notice issued by Financial Stability Board I am writing to inform you that on 19 June 2014 the Financial Stability Board (FSB) issued an advisory notice to financial institutions over the determination of Venezuela as a non-cooperative jurisdiction with respect to regulatory and supervisory standards on international cooperation and information exchange. The notice can be found on the FSB’s website (http://www.financialstabilityboard.org/press/pr_140616.htm). Authorised institutions should take the notice into account in conducting business. Yours faithfully, Henry Cheng Executive Director (Banking Supervision)
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
More like this from HKMA
HKMA published 7 documents in the last 30 days. We email you each new one the day it's published.
Source: Hong Kong Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated