Regulatory Alerts2023-06-30
Added · Updated
Revised Return of International Banking Statistics (Form MA(BS)21)
The Hong Kong Monetary Authority has revised the Return of International Banking Statistics to align with Bank for International Settlements guidelines regarding consolidation, derivatives, and data definitions. Authorized Institutions must submit both existing and revised returns for the end-September 2024 reporting position to facilitate a transition period. The existing return will be discontinued after this period, with the revised return becoming mandatory for the end-December 2024 position onwards.
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