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.
CIR
Current
Issue Date:
16 Dec 2019
20191216-1-EN.pdf (397.1 KB)
Topic:
Capital Adequacy - Credit Risk (non-securitization exposures)
Large Exposures & Risk Concentrations - HKMCI-related exposures
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-NGL
Current
11 Apr 2025
CR-G-7 Collateral and Guarantees
Directly related Document
SPM-NGL
Current
11 Apr 2025
CR-G-7 Collateral and Guarantees
Version History
Superseded Document
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