Regulatory Alerts2023-05-08
Added · Updated
Capital Adequacy - CCR: Capital Treatment of Participating Margins for Swap Connect
The Hong Kong Monetary Authority issued this circular on 8 May 2023 to specify the capital treatment for participating margins posted under the Swap Connect scheme. The document mandates that authorized institutions apply specific capital requirements to these margins to ensure regulatory consistency. This guidance directly addresses counterparty credit risk management for institutions participating in the Swap Connect framework.
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