Regulatory Alerts1999-11-08
Added · Updated
Loan Classification and Provisioning
The Hong Kong Monetary Authority issued this circular to circulate an article providing practical advice on improving loan classification systems and ensuring adequate provisioning. The document restates existing regulatory policy in a user-friendly format to guide authorized institutions. It emphasizes that the Board of each institution is responsible for ensuring appropriate policies and procedures are effectively implemented and maintained.
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HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
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