Regulatory Alerts2019-10-25
Added · Updated
Revised Completion Instructions for Return of Loans and Advances and Provisions (MA(BS)2A) and Return of Mainland Activities (MA(BS)20)
The Hong Kong Monetary Authority's Banking Policy Department issued revised completion instructions for the MA(BS)2A and MA(BS)20 returns to align with the Banking (Exposure Limits) Rules. These updates modify the definition of "group of linked counterparties" by referencing the new Large Exposures Return (MA(BS)28) to ensure regulatory consistency. Authorized Institutions must apply these revised instructions no later than the March 2020 reporting position, with early adoption permitted.
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