Regulatory Alerts2022-05-27
Added · Updated
Banking (Capital) (Amendment) Rules 2022
The Hong Kong Monetary Authority issued this notice to confirm that the negative vetting period for the Banking (Capital) (Amendment) Rules 2022 expired without extension. Consequently, the subsidiary legislation is mandated to come into operation on 1 July 2022. This directive informs all Authorized Institutions of the effective date for the amended banking capital requirements.
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