Regulatory Alerts2017-01-03
Added · Updated
Launch of e-Alert Service by Land Registry
The Hong Kong Monetary Authority requires Authorized Institutions engaging in mortgage lending to subscribe to the Land Registry's new e-Alert Service for all new applications received after 1 February 2017. Institutions must complete necessary system and process enhancements to submit service orders by the end of April 2017. This directive ensures timely adoption of the service to support mortgage lending operations.
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