Regulatory Alerts2018-11-16
Added · Updated
Banking (Exposure Limits) Rules, Banking (Capital) (Amendment) Rules 2018 and Banking (Disclosure) (Amendment) (No. 2) Rules 2018
The Hong Kong Monetary Authority issued these rules to amend the Banking (Exposure Limits) Rules, Banking (Capital) Rules, and Banking (Disclosure) Rules. The amendments address capital adequacy, credit risk, sovereign concentration risk, and Pillar 3 disclosure requirements for all authorized institutions. These changes ensure compliance with updated standards for large exposures, connected party transactions, and risk concentration limits.
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