Rule · HKMA · 5 Nov 2014
The Hong Kong Monetary Authority's Banking Supervision Department informs authorized institutions that the STET system is ready for submitting the new Quarterly Return of International Banking Statistics. Institutions must submit both the legacy and new return formats for the positions ending December 2014 and March 2015 to facilitate a transition period. The old return format will be discontinued starting from the position ending June 2015, with templates and instructions available on the HKMA's public and private websites.
Banking Supervision Department 銀行監理部
Our Ref.: B1/15C
5 November 2014
The Chief Executive
All Authorized Institutions
Dear Sir/Madam,
Implementation of Quarterly Return of International Banking Statistics (formerly, Return of External Positions) Further to my letter of 31 December 2013, I am writing to inform you that the STET system is now ready for your institution to submit the Quarterly Return of International Banking Statistics (MA(BS)21A and 21B). The first reporting position for the new return will be end-December 2014. As mentioned in my previous letter, authorized institutions (AIs) are required to submit both the old (MA(BS)9A and 9B) and new (MA(BS)21A and 21B) returns for the positions as of end-December 2014 and end-March 2015 to the HKMA according to the reporting deadlines specified in the respective completion instructions. After the parallel reporting, AIs will no longer be required to submit the old return starting from the position as of end-June 2015. The new return and its completion instructions can be accessed through the HKMA’s public (http://www.hkma.gov.hk) and private (http://www.stet.iclnet.hk/index.htm) websites. The templates for the submission of the new return through the STET system are now available on the private website for downloading.
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If you have any questions regarding the contents of the new return and its completion instructions, please feel free to contact Ms Lorraine Chen at 2878-1210 or Mr Jason Wong at 2878-1468. For questions regarding the STET templates, please directly contact our STET helpdesk at 2878-1800. Yours faithfully, Henry Cheng Executive Director (Banking Supervision)
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