Regulatory Alerts2015-04-13
Added · Updated
Return of Information for Assessment of Systemically Important Authorized Institutions (Form MA(BS)24)
The Hong Kong Monetary Authority issues Form MA(BS)24 to collect data from licensed banks for identifying systemically important authorized institutions in Hong Kong. All licensed banks must submit this return by the end of April annually, with restricted license banks and deposit-taking companies subject to case-by-case requirements. The instructions specify distinct reporting scopes and definitions for locally incorporated and foreign incorporated institutions to ensure consistent assessment of their financial positions.
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