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 November 30, 2001, to formally remove the three-building condition previously required for overseas-incorporated banks. This regulatory change eliminates the mandate that such institutions must operate from at least three separate buildings within Hong Kong. The document serves as an official notification to affected banks regarding the amendment of operational premises requirements under the Banking Ordinance.
CIR
Current
Issue Date:
30 Nov 2001
20011130-5-EN.doc (25.6 KB)
Topic:
Authorization - Others
Group:
Hong Kong branch of authorized institution incorporated outside Hong Kong
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
30 Nov 2001
Removal of The Three-Building Condition (Letter to Overseas-Incorporated Banks)
CIR
Current
30 Nov 2001
Removal of The Three-Building Condition (Letter to Overseas-Incorporated Banks)
Cross referenced Document
Version History
Superseded Document
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