Regulatory Alerts2017-12-20
Added · Updated
HKFRS 9 Implementation: Revisions to Regulatory Reporting
The Hong Kong Monetary Authority issued revised banking return templates and completion instructions to align regulatory reporting with the new financial asset classification under HKFRS 9. These changes, effective 1 January 2018, update definitions for general and specific provisions and provide guidance on reporting movements in provisions for authorized institutions. The Monetary Authority also announced the availability of updated electronic forms and software for downloading from its supervisory communication website.
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