Regulatory Alerts1999-11-08
Added · Updated
Loan Classification and Provisioning
The Hong Kong Monetary Authority issued this circular on 8 November 1999 to establish regulatory standards for credit risk management regarding loan classification and provisioning. The document mandates that all authorized institutions implement robust systems to accurately classify loans and maintain adequate provisions for potential credit losses. It serves as a key regulatory instrument alongside related guidelines on the prudential treatment of problem assets and non-performing exposures.
CIR
Current
Issue Date:
08 Nov 1999
19991108-1-EN.pdf (126.6 KB)
Topic:
Credit Risk Management - Loan classification/Provisioning
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
08 Nov 1999
Annex - Supervisors' Memo
Annex
Current
08 Nov 1999
Annex - Supervisors' Memo
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Current
13 Apr 2017
Guidelines on Prudential Treatment of Problem Assets – Definitions of Non-performing Exposures and Forbearance
GLI
Current
02 Sep 1994
Loan Classification System
Annex: Loan Classification System Policy Paper
CIR
Archive
28 May 1999
Amendments to the Quarterly Analysis of Loans and Advances and Provisions
Appendix 2: Guideline on loan classification system