Regulatory Alerts2018-06-07
Added · Updated
Banking (Disclosure) (Amendment) Rules 2018 and Banking (Specification of Multilateral Development Bank) (Amendment) Notice 2018
The Hong Kong Monetary Authority issued the Banking (Disclosure) (Amendment) Rules 2018 and the Banking (Specification of Multilateral Development Bank) (Amendment) Notice 2018 to update regulatory disclosure frameworks. These instruments amend existing banking rules to align with evolving capital adequacy and Pillar 3 disclosure requirements for credit risk exposures. The changes apply to all authorized institutions and ensure compliance with updated standards for multilateral development bank specifications.
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