Regulatory Alerts2015-01-19
Added · Updated
Compliance with existing prudential measures on property mortgage lending
The Hong Kong Monetary Authority issued this circular on 19 January 2015 to clarify that Authorized Institutions must continue to comply with existing prudential measures regarding property mortgage lending. The document serves as a reminder that previous guidelines, specifically the Best Lending Practices for Residential Mortgage Loans, remain in full effect without alteration. It ensures regulatory consistency by confirming that no new requirements are introduced while reinforcing adherence to established credit risk management standards.