Regulatory Alerts1995-10-30
Added · Updated
Co-financing schemes in relation to residential mortgage lending
The Hong Kong Monetary Authority issued Guideline 5.8.1 on 30 October 1995 to regulate credit risk management for property mortgage lending. The document applies to all authorized institutions and addresses the provision of mortgage finance to end users in conjunction with property developers. It establishes requirements for co-financing schemes to ensure prudent lending practices within the residential mortgage sector.
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