Regulatory Alerts2022-10-27
Added · Updated
Credit Risk Management for Personal Lending Business
The Hong Kong Monetary Authority issued this circular on 27 October 2022 to update credit risk management requirements for personal lending business. It addresses loan classification and provisioning standards alongside retail credit risk management practices. The document applies to all authorized institutions and supersedes previous guidelines from May 2018 and August 2019.
CIR
Current
Issue Date:
27 Oct 2022
20221027-6-EN.pdf (201.6 KB)
Topic:
Credit Risk Management - Loan classification/Provisioning
Credit Risk Management - Retail credit risk management
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
29 Aug 2019
Guidelines on Credit Risk Management for Personal Lending Business
CIR
Current
09 May 2018
Credit Risk Management for Personal Lending Business
Directly related Document
CIR
Current
29 Aug 2019
Guidelines on Credit Risk Management for Personal Lending Business
CIR
Current
09 May 2018
Credit Risk Management for Personal Lending Business
Version History
Superseded Document
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