Regulatory Alerts2024-09-26
Added · Updated
Large exposures : revised SPM modules and banking returns Enclosure 2: Underwriting of Securities: BELR
The Hong Kong Monetary Authority issued this circular on 26 September 2024 to update regulatory requirements for large exposures and risk concentrations. The document specifically addresses the underwriting of securities through the Banking (Exposure Limits) Code, designated as Enclosure 2. These revisions apply to all authorized institutions and aim to refine the Single Programme Modules and associated banking returns.
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