Regulatory Alerts2025-12-23
Added · Updated
IRRBB: Revised SPM Module IR-1 and Completion Instructions
The Hong Kong Monetary Authority issued this circular on 23 December 2025 to update the Supervisory Policy Manual module IR-1 regarding Interest Rate Risk in the Banking Book. The document mandates the use of revised completion instructions for reporting forms MA(BS)12, MA(BS)12A, and MA(BS)12B to ensure accurate disclosure of interest rate risk exposures. All authorized institutions are required to adhere to these updated standards for managing and reporting interest rate risk.
CIR
Current
Issue Date:
23 Dec 2025
20251222-5-EN.pdf (93.9 KB)
Topic:
Interest Rate Risk Management
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-NGL
Current
23 Dec 2025
IR-1 Interest Rate Risk in the Banking Book
Annex
Current
23 Dec 2025
Enclosure 2a - Return of Interest Rate Risk Exposures (Form MA(BS)12)
Annex
Current
23 Dec 2025
Enclosure 2b - Revised Completion Instructions (Form MA(BS)12)
Annex
Current
23 Dec 2025
Enclosure 3a - Return of Interest Rate Risk in the Banking Book (Form MA(BS)12A)
Annex
Current
23 Dec 2025
Enclosure 3b - Revised Completion Instructions (Form MA(BS)12A)
Annex
Current
23 Dec 2025
Enclosure 4a - Return of Interest Rate Risk in the Banking Book (Supplementary Information) (Form MA(BS)12B)
Annex
Current
23 Dec 2025
Enclosure 4b - Revised Completion Instructions (Form MA(BS)12B)
SPM-NGL
Current
23 Dec 2025
IR-1 Interest Rate Risk in the Banking Book
Annex
Current
23 Dec 2025
Enclosure 2a - Return of Interest Rate Risk Exposures (Form MA(BS)12)
Annex
Current
23 Dec 2025
Enclosure 2b - Revised Completion Instructions (Form MA(BS)12)
Annex
Current
23 Dec 2025
Enclosure 3a - Return of Interest Rate Risk in the Banking Book (Form MA(BS)12A)
Annex
Current
23 Dec 2025
Enclosure 3b - Revised Completion Instructions (Form MA(BS)12A)
Annex
Current
23 Dec 2025
Enclosure 4a - Return of Interest Rate Risk in the Banking Book (Supplementary Information) (Form MA(BS)12B)
Annex
Current
23 Dec 2025
Enclosure 4b - Revised Completion Instructions (Form MA(BS)12B)
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Current
12 Feb 2025
Interest Rate Risk Management
CIR
Archive
13 Dec 2002
Supervisory Policy Manual (SPM) : IR-1 "Interest Rate Risk Management" Revised "Return of Interest Rate Risk Exposures" (IRR return)
SPM-NGL
Archive
13 Dec 2002
IR-1 Interest Rate Risk Management