Regulatory Alerts2022-07-11
Added · Updated
Completion Instructions for Return of Capital Adequacy Ratio Form MA(BS)3(I)
Reporting authorized institutions (AIs) must complete Form MA(BS)3(I) in three divisions: Division A for summary capital ratios, Division B for the IRB capital floor calculation, and Division C for capital buffer requirements. Reporting AIs using the internal ratings-based approach are subject to a capital floor for the first three years of adoption, with specific adjustment factors applying based on whether implementation occurred within or after the 2007-2009 transitional period. The Monetary Authority may extend this floor beyond three years or require reinstatement if Basel Committee standards persist or due to prudential concerns. Additionally, AIs must report net CET1 capital ratios and applicable buffer levels, including countercyclical and higher loss absorbency ratios, in accordance with the Banking (Capital) Rules.
More like this from HKMA
HKMA published 13 documents in the last 30 days. We email you each new one the day it's published.