Regulatory Alerts2001-11-30
Added · Updated
Removal of The Three-Building Condition for Overseas-Incorporated Banks
The Hong Kong Monetary Authority issued this circular on 30 November 2001 to notify overseas-incorporated banks of the removal of the three-building condition. This regulatory change modifies the premises requirements for Hong Kong branches of authorized institutions incorporated outside Hong Kong under the Banking Ordinance. The document serves as an official letter detailing this amendment to the licensing conditions for these specific financial entities.
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