1994-09-02

Added · Updated

Guideline 5.7: Loan Classification System

The Hong Kong Monetary Authority issued this guideline to implement a standardized five-category loan classification system for supervisory purposes. It requires authorized institutions to map their existing loan categories to the new framework and submit quarterly returns by 14 days after each quarter end, starting with the December 1994 reporting period. The Authority also mandates that institutions provide descriptions of their mapping methodologies by November 15 and cease reporting specific data on the previous Form MA(BS)1C.

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