Regulatory Alerts2014-11-28
Added · Updated
Refinements to the Stable Funding Requirement
The Hong Kong Monetary Authority issued refinements to the Stable Funding Requirement to streamline operations and reduce reporting burdens for authorized institutions. Effective January 2015, the regime applies to institutions with total loans of HK$10 billion or more and annualized average loan growth exceeding 15%, with quarterly reporting replacing previous frequencies. The updated rules adjust the SFR ratio based on quarterly loan growth and introduce flexibility for exempting certain loans while allowing head office liquidity facilities as stable funding.
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