Regulatory Alerts2022-03-07
Added · Updated
Extended deadlines for regulatory submissions and other exceptional arrangements under Covid-19 pandemic
The Hong Kong Monetary Authority grants authorized institutions flexibility regarding regulatory submission deadlines and other requirements during the Covid-19 pandemic to allow a focus on essential operations. The regulator extends the deadline for relevant individuals to pass regulatory examinations or complete Continuous Professional Training by three calendar months without requiring a specific application. These measures reinforce previously established principles for handling pandemic-related operational difficulties while maintaining the safety and soundness of the banking system.
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