Regulatory Alerts2014-11-27
Added · Updated
Refinement of Overnight Repo under the Renminbi Liquidity Facility
The Hong Kong Monetary Authority issued this circular to refine the operational framework for overnight repurchase agreements under the Renminbi Liquidity Facility. The regulatory update applies to all Authorized Institutions participating in the facility to enhance liquidity risk management procedures. These changes ensure that the facility's mechanics align with current market practices and regulatory standards for Renminbi business.
Topics
monetary
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