Regulatory Alerts2022-10-20
Added · Updated
Further extension of the Pre-approved Principal Payment Holiday Scheme
The Hong Kong Monetary Authority issues this circular to further extend the Pre-approved Principal Payment Holiday Scheme for corporate customers. The scheme allows authorized institutions to grant principal payment holidays to eligible corporate borrowers facing financial difficulties due to the COVID-19 pandemic. This extension provides continued regulatory flexibility for managing credit risk while supporting businesses during ongoing economic challenges.
CIR
Current
Issue Date:
20 Oct 2022
20221020-1-EN.pdf (220.8 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Superseded Document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
17 Apr 2020
Pre-approved Principal Payment Holiday Scheme for Corporate Customers
Annex: Pre-approved Principal Payment Holiday Scheme for Corporate Customers
GLI
Current
02 Sep 1994
Loan Classification System
Directly related Document
CIR
Current
17 Apr 2020
Pre-approved Principal Payment Holiday Scheme for Corporate Customers
Annex: Pre-approved Principal Payment Holiday Scheme for Corporate Customers
GLI
Current
02 Sep 1994
Loan Classification System
Version History
Superseded Document
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