2019-10-03

Added · Updated

BELR Rule 37(3) - Premises in whole treated as being used for conducting banking business

The Banking Supervision Department issued this circular on 3 October 2019 to clarify the application of BELR Rule 37(3) regarding premises used for banking business. The document specifies that premises used wholly for conducting banking business are treated as a single location for the purpose of calculating large exposures and risk concentrations. This guidance applies to locally incorporated authorized institutions to ensure consistent regulatory reporting and risk management practices.

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Hong Kong

Hong Kong Monetary Authority

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CIR

Current

Issue Date:

03 Oct 2019

20191003-1-EN.pdf (211.4 KB)

Topic:

Large Exposures & Risk Concentrations - Others

Group:

Locally Incorporated Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

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