Regulatory Alerts2019-07-09
Added · Updated
Frequently Asked Questions on Reporting Treatment of Transactions Related to Initial Public Offerings
The Hong Kong Monetary Authority issued this circular to address authorized institutions' enquiries regarding the reporting treatment of initial public offering transactions for capital and liquidity ratio calculations. The document provides specific regulatory guidance in the form of frequently asked questions to ensure consistent application of reporting standards across the banking sector. Industry participants are directed to the enclosed annex for detailed responses and may contact the regulator via email for further clarification.
Our Ref.: B1/15C B9/198C 9 July 2019 The Chief Executive All Authorized Institutions Dear Sir/Madam, Frequently Asked Questions on Reporting Treatment of Transactions Related to Initial Public Offerings The Hong Kong Monetary Authority (HKMA) has received enquiries from authorized institutions (AIs) about the reporting treatment of transactions related to initial public offerings (IPOs) in calculating capital and liquidity ratios. As the HKMA’s responses to these enquiries may be of interest to other AIs, we are making them available to the industry in the form of frequently asked questions (FAQs), which are enclosed in the Annex to this circular. Should you have any questions about this circular, please send an email to bsliquidityrisk@hkma.gov.hk. Yours faithfully, Raymond Chan Executive Director (Banking Supervision) Encl.
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