Regulatory Alerts1990-01-22
Added · Updated
Guideline 1.2: Authorization - Three-tier Banking System
The Hong Kong Monetary Authority issued Guideline 1.2 on January 22, 1990, to establish authorization criteria within the three-tier banking system framework. This document applies to all authorized institutions and defines the regulatory requirements for entities seeking authorization under this specific structure. It serves as a foundational reference for the licensing of restricted license banks and other deposit-taking entities in the jurisdiction.
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