Regulatory Alerts2022-09-16
Added · Updated
Further extension of the Pre-approved Principal Payment Holiday Scheme
The Hong Kong Monetary Authority issued this circular on 16 September 2022 to further extend the Pre-approved Principal Payment Holiday Scheme for corporate customers. The regulatory guidance updates the eligibility criteria and operational requirements for authorized institutions to grant principal payment holidays to eligible corporate borrowers affected by economic challenges. This extension ensures continued support for corporate credit risk management while maintaining prudent lending standards under the existing framework.
CIR
Current
Issue Date:
16 Sep 2022
20220916-11-EN.pdf (234.6 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Superseded Document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Superseded Document
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