Regulatory Alerts2024-02-28
Added · Updated
Revised Completion Instructions of Return of Capital Adequacy Ratio (MA(BS)3), Return of Leverage Ratio (MA(BS)27) and Return of Large Exposures (MA(BS)28)
Authorized institutions incorporated in Hong Kong must complete Form MA(BS)3(II) to determine their capital base for calculating capital adequacy ratios, in conjunction with the Banking (Capital) Rules. The instructions specify that the capital base comprises Tier 1 and Tier 2 capital, requiring institutions to include proceeds from paid-up eligible instruments and apply regulatory deductions from Common Equity Tier 1 capital. Specific requirements detail the calculation of minority interests in consolidated bank subsidiaries, the exclusion of items such as goodwill and deferred tax assets, and the treatment of reciprocal cross holdings and capital investments in commercial entities.
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