2022-04-22
Added · Updated
The Hong Kong Monetary Authority issued the Banking (Capital) (Amendment) Rules 2022 to implement Basel Committee capital standards for banks' equity investments in funds. These amendments introduce a three-tier hierarchy of risk-sensitive approaches for capital requirements and designate the Hong Kong Export Credit Insurance Corporation as a domestic public sector entity. The rules were published on 22 April 2022 and are scheduled to come into operation on 1 July 2022 following Legislative Council vetting.
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.