Regulatory Alerts2001-11-30
Added · Updated
Removal of the Three-Building Condition for Overseas-Incorporated Restricted Licence Banks
The Hong Kong Monetary Authority issued this circular on 30 November 2001 to formally remove the three-building condition for overseas-incorporated restricted licence banks. This regulatory change amends the Second Schedule to the Banking Ordinance, thereby relaxing the physical premises requirements for these specific financial institutions. The update aligns with the broader authorization framework for banks incorporated outside Hong Kong operating within the jurisdiction.
CIR
Current
Issue Date:
30 Nov 2001
20011130-3-EN.pdf (165.1 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Superseded Document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
Annex
Current
30 Nov 2001
Annex - Banking Ordinance (Chapter 155) Notice under Section 16(5)
Annex
Current
30 Nov 2001
Annex - Banking Ordinance (Chapter 155) Notice under Section 16(5)
Cross referenced Document
Version History
Superseded Document
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