Regulatory Alerts2020-10-21
Added · Updated
Customer Protection in respect of Reform of Interest Rate Benchmarks
The Hong Kong Monetary Authority issued this circular to guide all authorized institutions on consumer protection measures regarding the reform of interest rate benchmarks. The document outlines the regulatory expectations for banks to manage the transition from legacy benchmarks to alternative reference rates effectively. It emphasizes the need for institutions to ensure fair treatment of customers and maintain transparency throughout the implementation process.
CIR
Current
Issue Date:
21 Oct 2020
20201021-1-EN.pdf (158.5 KB)
Topic:
Banking Conduct & Enforcement - Consumer Protection
Treasury market - Reform of interest rate benchmarks
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Directly related Document
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Current
19 Aug 2024
Consumer Protection in respect of Use of Generative Artificial Intelligence
CIR
Current
26 Mar 2026
Consumer Protection in the Use of Alternative Data
CIR
Current
10 Apr 2024
Joint Circular on Anti-Scam Consumer Protection Charter 2.0