2022-04-22

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Banking (Capital) (Amendment) Rules 2022

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.

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Hong Kong

Hong Kong Monetary Authority

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