Regulatory Alerts2015-09-04
Added · Updated
Intraday and Overnight Repo under the Renminbi Liquidity Facility – Replacement of existing tripartite arrangement by a bilateral arrangement
The Hong Kong Monetary Authority issued this circular to replace the existing tripartite arrangement for intraday and overnight repurchase agreements with a bilateral arrangement under the Renminbi Liquidity Facility. This regulatory change applies to all Authorized Institutions and modifies the operational framework for managing liquidity risk in Renminbi transactions. The update ensures that the facility's mechanics align with the new bilateral structure while maintaining compliance with established liquidity standards.
Topics
monetary
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