Regulatory Alerts2024-08-30
Added · Updated
Revised Banking Returns – Capital Adequacy Ratio Completion Instructions
The Hong Kong Monetary Authority issued revised completion instructions for the Capital Adequacy Ratio return, requiring authorized institutions to report their capital position using forms MA(BS)3(I) to MA(BS)3(VI). The document mandates quarterly submissions on both solo and consolidated bases, detailing specific calculation methodologies for capital bases, risk-weighted amounts, and the phased implementation of the output floor. Reporting institutions must adhere to the Banking (Capital) Rules and provide precise data on capital buffers, including countercyclical and higher loss absorbency ratios, by the end of each quarter.
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