Regulatory Alerts2016-12-30
Added · Updated
Banking (Disclosure) (Amendment) Rules 2016 and Banking (Specification of Class of Exempted Charges) (Amendment) Notice 2016
The Hong Kong Monetary Authority issued these instruments to amend banking regulations concerning disclosure and exempted charges. The rules implement Pillar 3 disclosure requirements and address margining and risk-mitigation standards for OTC derivatives. These changes apply to all authorized institutions to ensure compliance with updated regulatory frameworks.
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