Regulatory Alerts2018-07-09
Added · Updated
Banking (Exposure Limits) Rules and Revised Return of Certificate of Compliance (Form MA(BS)1F(a))
The Hong Kong Monetary Authority issued this circular on 9 July 2018 to implement revised equity exposure limits for authorized institutions starting from 13 July 2018. The document mandates the use of a revised Return of Certificate of Compliance, specifically Form MA(BS)1F(a), to ensure adherence to the updated Banking (Exposure Limits) Rules. This regulatory update applies to all authorized institutions and addresses large exposures and risk concentrations within the banking sector.
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