Regulatory Alerts2024-12-13
Added · Updated
Banking (Capital)(Amendment) Rules 2023 - Supplementary Guidance on the Revised Credit Risk Framework Chapter III - STC approach
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 specifically details the Standardised Approach for Credit Risk (STC) for non-securitization exposures applicable to all authorized institutions. It provides essential regulatory instructions to ensure consistent capital adequacy calculations and compliance with updated credit risk standards.