Regulatory Alerts2021-12-29
Added · Updated
Payment Arrangements for Property Transactions (PAPT)
The Hong Kong Monetary Authority issued this Circular to establish guidelines for authorized institutions regarding payment arrangements for property transactions. The document outlines requirements for managing credit risk and ensuring consumer protection in the context of property mortgage lending. It serves as a regulatory framework to standardize practices across all authorized institutions.
CIR
Current
Issue Date:
29 Dec 2021
20211229-4-EN.pdf (398.0 KB)
Topic:
Banking Conduct & Enforcement - Consumer Protection
Credit Risk Management - Property mortgage lending
Group:
All Authorized Institutions
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Cross referenced Document
Version History
Superseded Document
Directly related Document
Directly related Document
Cross referenced Document
Version History
Superseded Document
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