Regulatory Alerts2019-03-01
Added · Updated
Revised Return of Capital Adequacy Ratio (Form MA(BS)3) Enclosure 4: Completion Instructions - Part II (Capital Base)
Authorized institutions incorporated in Hong Kong must complete Form MA(BS)3(II) to determine their capital base for calculating capital adequacy ratios, using this amended version for reporting from the second quarter of 2019 onwards. The instructions specify that the capital base comprises Tier 1 and Tier 2 capital, calculated in Hong Kong dollars, and detail the inclusion of proceeds from paid-up eligible instruments. Institutions must deduct specified items from Common Equity Tier 1 capital, including goodwill, intangible assets, and regulatory reserves, while providing illustrative examples for calculating minority interests and transitional arrangements for non-eligible capital instruments.
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