Regulatory Alerts1999-03-09
Added · Updated
Basel Committee Report on Banks' Interactions with Highly Leveraged Institutions and Sound Practices
The Basel Committee on Banking Supervision issued a report analyzing risks associated with banks' transactions with Highly Leveraged Institutions (HLIs) and establishing sound practices for managing these exposures. The Monetary Authority of Hong Kong recommends that authorized institutions review their risk management processes and adopt specific standards for credit assessment, exposure measurement, and monitoring of HLI counterparties. These guidelines emphasize the necessity of prudent internal risk management to ensure the stable operation of financial institutions dealing with highly leveraged entities.
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.