Regulatory Alerts2020-04-24
Added · Updated
Banking (Capital) (Amendment) Rules 2020
The Hong Kong Monetary Authority issued the Banking (Capital) (Amendment) Rules 2020 to implement Basel Committee capital standards regarding counterparty credit risk and exposures to central counterparties. These amendments introduce a new method for measuring counterparty credit risk from derivative contracts and revise capital treatment for banks' exposures to clearing intermediaries. The subsidiary legislation is scheduled for Legislative Council negative vetting on 29 April 2020 and is expected to come into operation on 30 June 2021.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share