Regulatory Alerts2024-12-13
Added · Updated
Banking (Capital)(Amendment) Rules 2023 - Supplementary Guidance on the Revised Credit Risk Framework
The Hong Kong Monetary Authority issues supplementary guidance to support the implementation of the Revised Credit Risk Framework under the Banking (Capital)(Amendment) Rules 2023. This document provides detailed instructions for Authorized Institutions on applying External Credit Assessment Institution ratings and utilizing the Standardized, Internal Ratings-Based, and Securitization approaches. It serves as a comprehensive reference for calculating capital adequacy requirements for credit risk exposures across various banking activities.