Regulatory Alerts2018-05-18
Added · Updated
Banking (Exposure Limits) Rules
The Hong Kong Monetary Authority issued the Banking (Exposure Limits) Rules to replace existing statutory limits on authorized institutions' equity exposures. These rules comprehensively capture equity exposures, recognize industry risk mitigation techniques, and shift the calculation basis from the overall capital base to Tier 1 capital. The rules are scheduled to commence on 13 July 2018, subject to the completion of the Legislative Council's negative vetting process.