Regulatory Alerts2018-07-09
Added · Updated
Completion Instructions for Certificate of Compliance with the Banking Ordinance (Form MA(BS)1F(a))
The Hong Kong Monetary Authority issues these completion instructions for authorized institutions incorporated in Hong Kong to certify compliance with the Banking Ordinance and Banking (Exposure Limits) Rules. Institutions must submit the Certificate on a solo or consolidated basis within 14 days after each quarter-end, reporting capital bases, exposure limits, liquidity requirements, and asset charges. The document provides detailed guidance on calculating ratios, handling securities transactions, and disclosing exempted or approved transactions to ensure accurate regulatory reporting.
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