2019-07-05
Added · Updated
The Hong Kong Monetary Authority issued this circular on July 5, 2019, to revise the Return of Certificate of Compliance (Form MA(BS)1F) and the Return of Capital Adequacy Ratio (Form MA(BS)3). These revisions apply to all Authorized Institutions and address capital adequacy requirements related to sovereign concentration risk and large exposures. The update aligns with previous consultations on amendments to the Banking (Capital) Rules to manage concentrated sovereign exposures.