Regulatory Alerts2024-06-18
Added · Updated
Banking Sector’s Support for Implementation of Severe Weather Trading
The Hong Kong Monetary Authority issued this circular on 18 June 2024 to outline the banking sector's support for implementing severe weather trading protocols. It directs all Authorized Institutions to align their operations with the market continuity measures established in the December 2023 guidelines for maintaining trading during severe weather conditions. The document serves as a regulatory reminder for financial institutions to ensure their systems and procedures are prepared to handle market disruptions effectively.
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