Regulatory Alerts2017-07-07
Added · Updated
Code of Practice: The HKMA’s Approach to Resolution Planning (RA-2)
The Hong Kong Monetary Authority issues this Code of Practice to outline its resolution planning framework for authorized institutions under the Financial Institutions (Resolution) Ordinance. The document mandates a four-step process involving information gathering, strategy setting, resolvability assessment, and impediment removal to ensure orderly resolution. It details specific stabilization options such as bail-in and transfers to maintain financial stability and protect critical functions during institutional failure.
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HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
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