Regulatory Alerts2016-04-28
Added · Updated
Basel Committee – Interest Rate Risk in the Banking Book
The Hong Kong Monetary Authority notifies authorized institutions of the Basel Committee on Banking Supervision's new standards for Interest Rate Risk in the Banking Book issued on 21 April 2016. These standards enhance supervisory expectations by providing extensive guidance on management processes, introducing stricter outlier thresholds, and mandating enhanced disclosure requirements based on common shock scenarios. The HKMA intends to implement these standards by 2018 and strongly recommends that institutions familiarize themselves with the changes to assess implications for their risk management and business activities.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.