Region

Jurisdiction

Regulator

2024-12-13

Added 2026-06-20 · Updated 2026-07-10

Banking (Capital)(Amendment) Rules 2023 - Supplementary Guidance on the Revised Credit Risk Framework

The Hong Kong Monetary Authority issued supplementary guidance to support the implementation of the Revised Credit Risk Framework under the Banking (Capital)(Amendment) Rules 2023. This document provides detailed technical instructions for Authorized Institutions on applying External Credit Assessment Institution ratings, the Standardised Approach, and the Internal Ratings-Based approach. It further outlines regulatory requirements for managing counterparty credit risk and securitization exposures to ensure capital adequacy compliance.

Hong Kong

Hong Kong Monetary Authority

CIR

Current

Issue Date:

13 Dec 2024

20241225-7-EN.pdf (286.7 KB)

Topic:

Capital Adequacy - Others

Group:

All Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

Directly related Document

CIR

Current

13 Dec 2024

Banking (Capital)(Amendment) Rules 2023 - Supplementary Guidance on the Revised Credit Risk Framework

Annex

Current

13 Dec 2024

Enclosure - Chapter II - Use of ECAI ratings for the purposes of the Banking (Capital) Rules (BCR)

Annex

Current

13 Dec 2024

Enclosure - Chapter III - STC approach

Annex