Regulatory Alerts2025-11-27
Added · Updated
CR-L-5 Major Acquisitions and Investments: BELR Part 3
The Hong Kong Monetary Authority issues this statutory guideline to regulate major acquisitions and investments by Authorized Institutions under the Banking (Exposure Limits) Rules. It establishes a requirement for prior written consent when share capital acquisitions exceed 5% of an institution's Tier 1 capital, while detailing specific exemptions and application procedures. The document further outlines the supervisory approach for assessing risks, attaching conditions, and revoking consent to protect depositor interests.
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