Regulatory Alerts2023-06-30
Added · Updated
Completion Instructions for Revised Return of International Banking Statistics (Form MA(BS)21)
The Hong Kong Monetary Authority issues completion instructions for Authorized Institutions to report international banking statistics via Form MA(BS)21. The return mandates quarterly submissions of Locational Banking Statistics and Consolidated Banking Statistics, with specific deadlines and coverage requirements for licensed banks incorporated in Hong Kong. Detailed guidelines specify valuation principles, currency conversion, and classification rules for instruments such as loans, derivatives, and debt securities to ensure consistent data aggregation for the Bank for International Settlements.
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