Regulatory Alerts2020-05-25
Added · Updated
Clarifications on the treatment of extraordinary support measures related to Covid-19
The Hong Kong Monetary Authority issued this circular to provide clarifications on the treatment of extraordinary support measures related to Covid-19 for authorized institutions. The guidance addresses specific regulatory treatments concerning capital adequacy, loan classification, provisioning, and OTC derivatives margining. These measures aim to alleviate the financial impact of the pandemic while maintaining prudent risk management standards.
CIR
Current
Issue Date:
25 May 2020
20200525-13-EN.pdf (292.0 KB)
Topic:
Capital Adequacy - Capital Base
Credit Risk Management - Loan classification/Provisioning
Miscellaneous - Covid-19 challenges
OTC Derivatives - Margining/Risk-mitigation
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
25 May 2020
Additional measures to alleviate the impact of Covid-19
CIR
Current
25 May 2020
Additional measures to alleviate the impact of Covid-19
Cross referenced Document
Version History
Superseded Document
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