Regulatory Alerts2018-03-26
Added · Updated
Implementation guidance on securitization framework under Banking (Capital) Rules
The Hong Kong Monetary Authority issued supplementary guidance to assist authorized institutions in interpreting the revised securitization framework under Part 7 of the Banking (Capital) Rules. This document provides a set of Q&As that supersede previous guidance, specifically clarifying notification requirements and the assessment of significant credit risk transfer for capital relief. The explanatory material is designed to facilitate consistent application of capital and disclosure requirements while remaining supplementary to the primary regulatory text.