Regulatory Alerts2012-06-27
Added · Updated
Exposure to HKMC: 80% Loan Guarantee Product under SME Financing Guarantee Scheme
The Hong Kong Monetary Authority issued this circular to define the capital treatment for exposures covered by the 80% Loan Guarantee Product under the SME Financing Guarantee Scheme. It specifies the regulatory requirements for locally incorporated authorized institutions regarding capital adequacy and risk concentrations related to these specific credit risk exposures. The document serves as a directive to ensure consistent application of capital rules for loans guaranteed by the Hong Kong Mortgage Corporation Limited.