Regulatory Alerts2019-12-16
Added · Updated
Exposure to HKMCI: 90% Loan Guarantee Product under SME Financing Guarantee Scheme
The Hong Kong Monetary Authority issued this circular to establish capital treatment guidelines for authorized institutions holding exposures covered by the 90% Loan Guarantee Product under the SME Financing Guarantee Scheme. The document specifically addresses capital adequacy requirements for credit risk non-securitization exposures and large exposures related to the Hong Kong Mortgage Corporation Limited. It supersedes previous guidance on the 80% guarantee product and aligns with current collateral and guarantee standards effective April 2025.