Regulatory Alerts1999-10-29
Added · Updated
Refinancing of Residential Mortgage Loans
The Hong Kong Monetary Authority issued this circular on 29 October 1999 to establish guidelines for the refinancing of residential mortgage loans by authorized institutions. The document addresses credit risk management practices specifically related to property mortgage lending within the banking sector. It serves as a regulatory framework to ensure prudent lending standards and risk assessment procedures for financial institutions handling residential mortgage refinancing.
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