Regulatory Alerts2023-07-11
Added · Updated
Orderly exit from the Pre-approved Principal Payment Holiday Scheme
The Hong Kong Monetary Authority issued this circular on 11 July 2023 to announce the orderly exit from the Pre-approved Principal Payment Holiday Scheme for corporate customers. The document supersedes previous extensions and directs all authorized institutions to conclude the scheme in accordance with established regulatory guidelines. This action marks the final phase of the temporary relief measures introduced to address credit risk challenges during the pandemic.
CIR
Current
Issue Date:
11 Jul 2023
20230711-1-EN.pdf (216.7 KB)
Topic:
Credit Risk Management - Corporate credit risk management
Miscellaneous - Covid-19 challenges
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
20 Oct 2022
Further extension of the Pre-approved Principal Payment Holiday Scheme
GLI
Current
02 Sep 1994
Loan Classification System
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CIR
Current
20 Oct 2022
Further extension of the Pre-approved Principal Payment Holiday Scheme
GLI
Current
02 Sep 1994
Loan Classification System
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Superseded Document
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