2023-04-25
Added · Updated
The Hong Kong Monetary Authority issued this circular to outline the framework for dedicated 100% loan guarantee schemes targeting the travel and cross-boundary passenger transport trades. The document establishes specific credit risk management guidelines and capital adequacy requirements for authorized institutions participating in these guarantee programs. It ensures that participating banks can manage retail credit risk effectively while supporting the financial stability of the specified sectors.
CIR
Current
Issue Date:
25 Apr 2023
20230425-3-EN.pdf (311.0 KB)
Topic:
Capital Adequacy - Credit Risk (non-securitization exposures)
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Superseded Document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
25 Apr 2023
Dedicated 100% Loan Guarantee Schemes for Travel and Cross-boundary Passenger Transport Trades
CIR
Current
25 Apr 2023
Dedicated 100% Loan Guarantee Schemes for Travel and Cross-boundary Passenger Transport Trades
Cross referenced Document
Version History
Superseded Document
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