Regulatory Alerts2024-09-26
Added · Updated
Large Exposures: Revised SPM Modules and Banking Returns
The Hong Kong Monetary Authority issues this statutory guideline to set minimum standards for Authorized Institutions regarding large exposures and risk concentrations under the Banking Ordinance. The document details statutory limits, including a 25% Tier 1 capital cap on individual counterparty exposures and specific rules for equity and land holdings, while introducing a two-tier framework for credit risk transfer. It further mandates robust internal controls, board oversight, and reporting obligations to ensure prudent risk management and compliance with Basel Committee standards.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share