Regulatory Alerts2024-09-26
Added · Updated
Completion Instructions for Form MA(BS)28: Large Exposures Return
The Hong Kong Monetary Authority issues these completion instructions to guide authorized institutions in reporting large exposures via Form MA(BS)28 under the Banking (Exposure Limits) Rules. The document specifies quarterly submission deadlines and distinct reporting bases for locally and overseas incorporated institutions, requiring disclosure of positions against single counterparties, linked groups, and connected parties. It further details the calculation methodologies for exposure values, including treatments for credit risk mitigation, intragroup exposures, and specific requirements for derivative contracts and securities financing transactions.
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