Regulatory Alerts2015-03-27
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Practice note on credit risk management for loans to the corporate sector
The Hong Kong Monetary Authority issued this practice note to require authorized institutions to enhance risk awareness and controls for increasingly sophisticated corporate loan products. The document outlines key steps for prudently identifying, monitoring, and managing credit risks associated with these lending activities. An industry briefing session was also scheduled to facilitate understanding of these supervisory requirements among senior risk management officers.
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