Regulatory Alerts2021-03-04
Added · Updated
Further extension of the Pre-approved Principal Payment Holiday Scheme
The Hong Kong Monetary Authority issued this circular on March 4, 2021, to further extend the Pre-approved Principal Payment Holiday Scheme for corporate customers. This regulatory update builds upon previous extensions from April and September 2020 to provide continued relief for authorized institutions managing credit risk during the ongoing Covid-19 pandemic. The document serves as the current governing framework for this specific credit risk management measure affecting all authorized institutions.
CIR
Current
Issue Date:
04 Mar 2021
20210304-1-EN.pdf (330.8 KB)
Topic:
Credit Risk Management - Corporate credit risk management
Miscellaneous - Covid-19 challenges
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
02 Sep 2020
Extension of Pre-approved Principal Payment Holiday Scheme
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Current
17 Apr 2020
Pre-approved Principal Payment Holiday Scheme for Corporate Customers
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CIR
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02 Sep 2020
Extension of Pre-approved Principal Payment Holiday Scheme
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17 Apr 2020
Pre-approved Principal Payment Holiday Scheme for Corporate Customers
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Superseded Document
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