Return of Stable Funding Position of an Authorized Institution (MA(BS)26)

Our Ref: B1/15C S4/16C 11 January 2018 The Chief Executive All Authorized Institutions Dear Sir / Madam, Return of Stable Funding Position of an Authorized Institution (MA(BS)26) I write to inform you that, after consultation with the two industry Associations, we have finalised the captioned Return and the associated Completion Instructions as annexed to this letter. Category 1 and category 2A institutions are required to use this Return to calculate the Net Stable Funding Ratio (NSFR) and Core Funding Ratio (CFR) respectively, and report this Return to the HKMA quarterly according to the timelines set out in the Completion Instructions. We will inform the relevant institutions when the electronic file for the submission of this Return is available for downloading. In the meantime, the reporting institutions may use the Excel file available at the Supervisory Communication Website (http://www.stet.iclnet.hk) to calculate the NSFR or CFR. Yours faithfully, Daryl Ho Executive Director (Banking Policy) Encl cc: The Chairperson, The Hong Kong Association of Banks The Acting Chairperson, The DTC Association FSTB (Attn: Ms Eureka Cheung)